After the heavily bid dollar its about time we see a sell off. Looking at the data poor ism and poor nfp data has taken september hike theories off the table which could see some offering of the dollar.
technically price has rejected off a key support resistance zone just below the 62% retracement of a prior swing. With the rejection candles and pin bar close on friday the pair could be setting up for a return back to 102 and below.
technically price has rejected off a key support resistance zone just below the 62% retracement of a prior swing. With the rejection candles and pin bar close on friday the pair could be setting up for a return back to 102 and below.
