retracement to the daily trendline
lots of US news in the pipeline this week...
looking at the daily, were still heading to the ceiling which is apparently the 1.34000 area , had many rejections from this level, notably last week thursday....
outlook for the dollar is meh, also the quid isnt looking much better either, although news of the 'vaccine' roll out in the uk gave us a push in the last couple of weeks
bit of back and forth down to the daily trenline, which, has been well respected of late... Most likely followed by a push back upto 1.3400 area towards the end of the week..
i'll be looking for 200 ema bounces and respected S&R levels in the week on the 30. and keeping a vigilant eye on the price action at the london open.
have a great week ;)
looking at the daily, were still heading to the ceiling which is apparently the 1.34000 area , had many rejections from this level, notably last week thursday....
outlook for the dollar is meh, also the quid isnt looking much better either, although news of the 'vaccine' roll out in the uk gave us a push in the last couple of weeks
bit of back and forth down to the daily trenline, which, has been well respected of late... Most likely followed by a push back upto 1.3400 area towards the end of the week..
i'll be looking for 200 ema bounces and respected S&R levels in the week on the 30. and keeping a vigilant eye on the price action at the london open.
have a great week ;)
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