💬Description: The try by consumers to get better on Friday didn’t justify itself, and the foreign money pair continues to be a promote precedence. Degree 1.06167 has confirmed itself to be a mirror degree, which in flip confirms the present gross sales. The each day degree of 1.05194 has proven itself solely as soon as to this point, and its retest is anticipated within the very close to future. An replace to the present low is very doubtless. Contemplating the financial calendar for this week, you may depend on some fairly robust actions.
It’s anticipated that the primary half of the week will happen inside the framework of a downward motion; by the top of the week, there’s a chance of an upward correction.
🔔FX CALENDAR TODAY:
🇺🇸ISM Manufacturing PMI
🇺🇸Fed Chair Powell Speaks
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