Howdy Chris
I am bored so let's take a look. Steven last time dropped A/U from .95x to .93x around 170 pips. Let's say he will do the same and carry the same weight and supported by USD, from current level will drop to .925x or .922x.
But has to breach strong support has been proven many times around .933x
It makes sense because Q2 corporate earnings in these coming days might get it to the downside
I am bored so let's take a look. Steven last time dropped A/U from .95x to .93x around 170 pips. Let's say he will do the same and carry the same weight and supported by USD, from current level will drop to .925x or .922x.
But has to breach strong support has been proven many times around .933x
It makes sense because Q2 corporate earnings in these coming days might get it to the downside