Market Update. Bears continue to take control of this market. We've tagged our HTF key level and we're seeing a bounce. We still may see USD lose some gains on the week during trading today. Be careful with the NFP data released today.
For our potential break and retest trade setup - we didn't find a retest for our entry. However, one may come next week if USD loses some recent gains. That being said - our directional bias and USD strength has proven to be correct this week.
For our potential break and retest trade setup - we didn't find a retest for our entry. However, one may come next week if USD loses some recent gains. That being said - our directional bias and USD strength has proven to be correct this week.