Hi everyone
As you can see, it is placed in a 5-day range and it is possible to break from the bottom because the step 5 days ago was not strong and the number of collisions with the bottom of the range is more than its ceiling.
From the point of view of economic data, for today we have the Richmond Manufacturing Index and Existing Home Sales, which the market expects that both these data will decrease. However, if it is broken, we imagine the range of 100.88 to 100.55.
GBPUSD ↗
EURUSD ↗
NZDUSD ↗
AUDUSD ↗
XAUUSD ↗
USDJPY ↘
As you can see, it is placed in a 5-day range and it is possible to break from the bottom because the step 5 days ago was not strong and the number of collisions with the bottom of the range is more than its ceiling.
From the point of view of economic data, for today we have the Richmond Manufacturing Index and Existing Home Sales, which the market expects that both these data will decrease. However, if it is broken, we imagine the range of 100.88 to 100.55.
GBPUSD ↗
EURUSD ↗
NZDUSD ↗
AUDUSD ↗
XAUUSD ↗
USDJPY ↘
I will definitely update this page.
Thank you for your comments.