IN this pre-US jobs report, Greg Michalowski of Forexlive.com outlines the key technical levels in play. Risk is increased. The market is preparing for the next shove.
- The EURUSD has retraced and moved back to a key technical area.
- The USDJPY is trading between its 100/200 hour MAs and awaiting the next shove
- The GBPUSD is trading above and below its 200 bar MA on the 4 hour chart and within a swing area. Find out the levels and play and what are the targets through the data.
Founded in 2008, ForexLive has been the go to source for both professional and retail traders from around the globe. Our core belief is that all traders want relevant and succinct trading information, and we deliver it 24 hours a day.
1 ping