Dislikedhere we are again at an important level. trend line support for 2016. if it gives way, the implication is that this pair will fall through quite a bit, first target being 7440 (september low). if it bounces off, we could most likely be seeing a bounce back towards the upper trend line resistance, currently at around 7700. note that there are no further potentially market-moving events for at least a week... i.e. nothing to significantly alter the direction of the pair once it has chosen a direction. {image}Ignored
lets see how it it goes when London opens.