Morning everybody.
The double touch at trendline support 3020 in the 4H makes me want to think of a retrace up to the 4H trendline break at about 3085 before taking a run at the 2985 (50% fibo) or so.
PA has bounced off the 50 EMA at 3023 in the hourly, even if "only" in the Asian session.
NFPs coming today.
Could be a nice range bound scalping day.
Or it could do something totally different.
The double touch at trendline support 3020 in the 4H makes me want to think of a retrace up to the 4H trendline break at about 3085 before taking a run at the 2985 (50% fibo) or so.
PA has bounced off the 50 EMA at 3023 in the hourly, even if "only" in the Asian session.
NFPs coming today.
Could be a nice range bound scalping day.
Or it could do something totally different.