Price is currently consolidating before the next possible surge towards our 2.0650 Target. The major and minor trends are bullish, confirming the bullish probability. The UK PMI came out a tad lower at 56.7, adding to the general belief that the Bank of England will keep interest rates unchanged on Thursday.
Disclaimer: All statements and expressions in this analysis are opinions, and not meant as investment advice or solicitation. Forex can be volatile and opinions may change without notice
Nice posting. Will we see analyses of the other majors as well?
ReplyDeleteKeep up the good work
A daily analysis on the EUR/USD pair will be available soon.
ReplyDeleteThanks for the post!
No Kiwi at this stage, only cable and euro
ReplyDelete