Some key areas here wait for the Candle close ..
Hi everyone ,
So 0.786 fib and the T/L support is up for this pair , plus more imporantly the 200MA has offered its first form of support , I will be waiting for the candle signal on the daily's to see if sellers are now getting exhausted and taking profits , and letting the buyers step back in ...
Remember if your short the MKT you have to buy to close out so this will start a chain effect.
NFP this friday and BOC today ,
USD is weak so don't expect shock moves up but a longer term position is the way to trade this ..
So 0.786 fib and the T/L support is up for this pair , plus more imporantly the 200MA has offered its first form of support , I will be waiting for the candle signal on the daily's to see if sellers are now getting exhausted and taking profits , and letting the buyers step back in ...
Remember if your short the MKT you have to buy to close out so this will start a chain effect.
NFP this friday and BOC today ,
USD is weak so don't expect shock moves up but a longer term position is the way to trade this ..