{quote} This is only if price breaks and close below on H1 at least. 1.0520 is where the D1 Macd turns red, hence such a strong support and rejection, as long price is above it is likely to at least challenge the previous highs. So if you are not trading this, just be aware.
{quote} Thanks Pedro, so do you believe that because price made strong support @ 1.05300 (in addition to strong support @ 1.05) this could continue to at least range 1.05300 -> 1.06700/1.07? Are 10 yr t-bond yields confirms this? {image} Are you taking other factors into account?
{quote} Pretty much. Dxy has got inverse signal, there is another pair with the same signal as well. So we are good in the hood for now.
If this H4 candle closes above 1.05604 I intend to buy. I see support that was resistance from the descending channel.
& 
Gang... Bear hunting allowed until the end of the year, I'll start with a 762 Rifle haha...
{image} Friend, I'm sorry, my native language is not English either, but whenever I look at the FF news page, this is what appears to me when the page is translated into my native language... The most interesting thing is the CAD translation that says = CAFAJESTE I know this is not the place for that, but over the two days I know perfectly well what it means and the translation is correct for those who understand. But I didn't understand the CAD, can anyone tell me about it?
Happy trading day folks
Ok, it's in an interesting place - 4 hours below it can move to 1.0450 and 1.0400 bulls hold yet. {image}
The target is at 1.0660 for me, but it can move higher depending what tomorrow's NFP number will come out
