Because of the upcoming payrols in 30 40min i predict a drop of around 100 pips. Reason for this is because the payrols will probably come out possitive as in the US the unemployment is verry low from a long time. Another reason is that the dollar had lost a lot of value recently and i think its time for correction also the weekly chart is overbought and is currently in supply zone. It might break the supply zone but still it hasnt happend maybe we will find out next week.
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