Looking at this pair for a while, we are now finally pushing down into that previous consolicadation support area down at 1.0810's.
We will be paying attention to this in the live room today but we are not expecting much action in anticipation of the NFP release tomorrow.
As you can see market is stalling down at that level putting in a descending channel.
We do have bullish divergence on the RSI which is typically a good indication that we could see some relief too. We have market putting in lower lows and the RSI putting in Higher Lows.
If you are interested in this style of trading or would like to see what it really takes to be independently, consistently profitable, then go over to tradeempowered.com/london-live-room/ and come into my live room for a week for FREE to watch me trade live.
twitter.com/J_Graystone
www.youtube.com/chan...u1S_OmR5XtM-AzL-_U1Q
www.facebookcom/JGraystoneTE/
www.instagram.com/j_graystone/
www.tradeempowered.co.uk
We will be paying attention to this in the live room today but we are not expecting much action in anticipation of the NFP release tomorrow.
As you can see market is stalling down at that level putting in a descending channel.
We do have bullish divergence on the RSI which is typically a good indication that we could see some relief too. We have market putting in lower lows and the RSI putting in Higher Lows.
If you are interested in this style of trading or would like to see what it really takes to be independently, consistently profitable, then go over to tradeempowered.com/london-live-room/ and come into my live room for a week for FREE to watch me trade live.
twitter.com/J_Graystone
www.youtube.com/chan...u1S_OmR5XtM-AzL-_U1Q
www.facebookcom/JGraystoneTE/
www.instagram.com/j_graystone/
www.tradeempowered.co.uk
