It will be interesting to see what the EA does tonight regardless of what happens tomorrow through the bank holidays.
The SMA is showing a steep downward trend but the price is hovering just above the 50% fibo retracement level which has already been rejected once.
There could be a gap up or down, a gap up may not have enough time to reverse the SMA, so it looks most likely that the EA will generate a short trade and that will be very interesting to watch!
The SMA is showing a steep downward trend but the price is hovering just above the 50% fibo retracement level which has already been rejected once.
There could be a gap up or down, a gap up may not have enough time to reverse the SMA, so it looks most likely that the EA will generate a short trade and that will be very interesting to watch!