Good Morning to all.
in the early hours if this morning there has been Bearish movement which has broken the Monthly Low formed yesterday at 0.71450 and has now formed at 0.71400.
I have identified a new structure of a downtrend channel and with thus lower low having formed today its the fourth retest and a new monthly support at 0.71400.
Today we do have a Non-Farm Payroll report and should remain weary of the Dollar.
my question derived from this analysis is that could we see the begiiningt of a bull run or could we be bearish down to 0.70000?
in the early hours if this morning there has been Bearish movement which has broken the Monthly Low formed yesterday at 0.71450 and has now formed at 0.71400.
I have identified a new structure of a downtrend channel and with thus lower low having formed today its the fourth retest and a new monthly support at 0.71400.
Today we do have a Non-Farm Payroll report and should remain weary of the Dollar.
my question derived from this analysis is that could we see the begiiningt of a bull run or could we be bearish down to 0.70000?