on nfp after it regains strength pair will head down to parity
3rd rejection from trend line looking for a breakout on the 4th test.
Enter this position after the flag breakout
PRICE RETRACED BACK TO 61.8 LEVEL ON FIB AND WILL NOW PUSH UP TO THE 1.76621 LEVEL
recently made a retracement 1.25090 / the 61.8 level on the fib . looking for price to head down to the 1.23862 , 100 level on fib .Watch price at this level for a possible short on the fib down to 161.8 1.2188 1.8 risk to reward ! both stops placed at 1.25130
Stop loss placed under recent low after Feds decision to raise interest rates. Take profit set at old support.Price either to use old support line B as resistance and turn bearish again or break old support line B and hit old resistance line A,Bounce of it and head back towards line B to head bullish towards line C.