Hello Traders,
My last idea for this pair is still valid. The price closed above the important trend line and fib level.
There may be upside for this pair next week. There were lot of bullish volumes at this level and 7250 level which I assume smart money has been buying at this level.
My previous idea based on this published at a wrong time before FOMC minutes. I did not expect "likely rate cut in June" statement in Fed minutes.
That being said, I expect at least a short term upside for this pair next week.
Good Luck!
My last idea for this pair is still valid. The price closed above the important trend line and fib level.
There may be upside for this pair next week. There were lot of bullish volumes at this level and 7250 level which I assume smart money has been buying at this level.
My previous idea based on this published at a wrong time before FOMC minutes. I did not expect "likely rate cut in June" statement in Fed minutes.
That being said, I expect at least a short term upside for this pair next week.
Good Luck!
