Those are the daily charts with recent prices,
As you can see, each time the pair makes new low, it retraced back to around 50%.. If it does the same this time, maybe fueled by a weak NFP, it can first test 1.0990 resistance and continue further up to levels around mid's 1.10
As you can see, each time the pair makes new low, it retraced back to around 50%.. If it does the same this time, maybe fueled by a weak NFP, it can first test 1.0990 resistance and continue further up to levels around mid's 1.10
Ramzi Abou Abdallah, CFTe, CMT
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