Notice level 0.87000 highs, act as supply level German gdp low UK cpi high Boe seeking to keep rates higher longer Price breaking level 0.86488 will give level 0.85800 demand level.
I have Used SMC And Economics Events following high inflation and YEN intervention.
ABOVE 13758s level gives pull back to 13871s possible sell continuation at this level. CURRENTLY AT A CONFLUENCE AREA INTERESTING LONG
THIS IS DUE TO STRONG RECOVERY IN THE AUSTRIAN ECONOMY AND A PRESSURED POUND DUE TO BREXIT AND COVID19 RECOVERY. TECHNICALLY THE BREAK IN THE BEARISH FLAG WILL GIVE WAY TO 1.77s area. While using TZ PRO PRICE KILLER CUSTOM INDICATOR
Austrian Dollar Was rallying on Strong steel and iron gains last week now the Dollar is coming back, seeing ISM manufacturing data Shows strong recovery In the dollar, Coming with Job Reports ending the week.
Looking at a rejection from highs of the days of CAD, Nice Short, Canadian Economical Data doesnt look good coming week.