I've posted two charts showing areas of interest. The daily shows possible support at the 50.0% fib retracement (1.5050/1.5000). Also included is another area of support on the 4 hour based on PPZs (1.5250).
Right now I'm on "intervention watch". I also read somewhere that this week financial institutions will be reporting earnings plus we also have the interest rate statement on Tuesday. Based on the calendar, we're most likely going to be in for a lot of volatility on Monday and Tuesday so be very cautious on taking long positions.
Right now I'm on "intervention watch". I also read somewhere that this week financial institutions will be reporting earnings plus we also have the interest rate statement on Tuesday. Based on the calendar, we're most likely going to be in for a lot of volatility on Monday and Tuesday so be very cautious on taking long positions.