The weekly chart shows that it remains above directionless 100 and 200 SMAs, although below a firmly bearish 20 SMA. At the same time, technical indicators consolidate within negative levels, suggesting that long-term buyers remain side-lined.
The daily chart offers a mildly bullish stance, as the pair stands above a flat 20 SMA while the longer ones maintain their bearish slopes above the current level. Meanwhile, technical indicators lose bullish strength within positive levels, still far from suggesting an interim top.
Beyond 0.7360, the advance could extend toward 0.7410 first and the 0.7480 price zone later. Such a strong rally, however, seems unlikely. Bears will likely retake control once the pair falls below 0.7250, eyeing then a slide toward the year low at 0.7105.
#COPYTRADE# #mytradingstory# #OPINIONLEADER# #Signal# #nonfarmpayrolls# #NewTraders# #Todayanalysis#
已编辑 10 Oct 2021, 19:54
风险提示：本文所述仅代表作者个人观点，不代表 Followme 的官方立场。Followme 不对内容的准确性、完整性或可靠性作出任何保证，对于基于该内容所采取的任何行为，不承担任何责任，除非另有书面明确说明。
暂无评论，立马抢沙发