We have a similar price on the EURUSD and GBPUSD. Price are both heading towards the support level. I believe there will be a strong rebound on the support level. There has been strength from the US Dollar because of the report of the NFP report. The NFP report was a positive result, this gave the dollar some strength. but the price has been ranging between the resistance and support level.
So we are waiting for a confirmation of a rebound from the targeted support level, this will be a profitable trade if there's a rebound from the support level
Our TAKEPROFIT target will be the resistance level.
So we are waiting for a confirmation of a rebound from the targeted support level, this will be a profitable trade if there's a rebound from the support level
Our TAKEPROFIT target will be the resistance level.