If we get a little help from the employment data for these two currencies tomorrow, that could trigger a nice impulse to the downside. MACD and RSI are both neutral and falling. I will be looking to make a half position entry soon and save the other half for when the news actually comes out. I believe there could be some wild oscillation no matter what the numbers are.
Entries shown on the chart are if you were to enter now, with the targets being the first area of resistance and the second being the 0.618 retracement level.
Thanks!
-Brandon
Entries shown on the chart are if you were to enter now, with the targets being the first area of resistance and the second being the 0.618 retracement level.
Thanks!
-Brandon