UJ dropped due to the NON FARM EMPLOYMENT which was worse than predicted, despite the UNEMPLOYMENT got better than predicted.
The pair dropped due to the bad reports as previous mentioned, but we have an Oversold currency, it's expected to have a reversal in trend in the next few market days.
If you look at the indicator, it's below the oversold level and there's also the indication of reversal of the current trend. According to our experience, the pair will make it's way to the previous HH
For now, we look for reversal patterns for then jump on it untill the target already assinalated on the chart
GOOD WEEKEND AND GOOD TRADES
The pair dropped due to the bad reports as previous mentioned, but we have an Oversold currency, it's expected to have a reversal in trend in the next few market days.
If you look at the indicator, it's below the oversold level and there's also the indication of reversal of the current trend. According to our experience, the pair will make it's way to the previous HH
For now, we look for reversal patterns for then jump on it untill the target already assinalated on the chart
GOOD WEEKEND AND GOOD TRADES