Price is currently in consolidation. Personally I expect to see price gather momentum by London session to break above the Daily resistance at 35480.5 and the key level resistance at 35500.0 as well and push toward 35560.0. Pending that breakout, it is also possible to see price drop below the consolidation support area to grab more Liquidity at 35365.5 before rallying back up and breaking mentioned key levels. I'll be looking to buy at 35511.0.
Please be extra careful this week as a lot of fundamentals including NFP will be affecting the market. This is strictly my personal opinion which I am sharing, trading could be risky and I implore you to make your own analysis regardless of mine. Use proper risk management and only trade with money you can afford to lose to the market. I'm open to discussions, Enjoy your trading week!
Please be extra careful this week as a lot of fundamentals including NFP will be affecting the market. This is strictly my personal opinion which I am sharing, trading could be risky and I implore you to make your own analysis regardless of mine. Use proper risk management and only trade with money you can afford to lose to the market. I'm open to discussions, Enjoy your trading week!