This is a very good trade where both the technicals and the fundamentals are in alignment.
The technical indicates a short term sell to 1.3350 followed by a temporal bounce and then a major rally downwards to somewhere around 1.3164.
The fundamentals are solid as well the unemployment rate fell and the employment change increased on the Friday report which means the currency will strengthen until further news
The technical indicates a short term sell to 1.3350 followed by a temporal bounce and then a major rally downwards to somewhere around 1.3164.
The fundamentals are solid as well the unemployment rate fell and the employment change increased on the Friday report which means the currency will strengthen until further news