US Durable goods orders is better than last month but it is lower than market expectation -0.5% vs 05%. Despite of that, the pair still going bearish (it's movement since the Asian session).
I think, this bearish momentum is going to be today's trend despite of RSI(14) now at oversold area. We're still waiting for US New home sales figure now, to confirm today's trend. As you know, the US Existing Home Sales was better-than-expected. It must have given you some speculative figure now about the pair...
Save trading : caught up with the trend...Have a nice trading
I think, this bearish momentum is going to be today's trend despite of RSI(14) now at oversold area. We're still waiting for US New home sales figure now, to confirm today's trend. As you know, the US Existing Home Sales was better-than-expected. It must have given you some speculative figure now about the pair...
Save trading : caught up with the trend...Have a nice trading
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