Good evening traders!
The 1.0685 high held through the US retail sales figure, keeping pressure to the downside on the short-term.
At this point, the risk is to the downside with price below 1.0685.
It would take a sustained break above the figure to put buyers back in control.
To the downside see short-term support at 1.0565.
A break below the support figure will put sights down to the 1.05 figure.
Enjoy!
The 1.0685 high held through the US retail sales figure, keeping pressure to the downside on the short-term.
At this point, the risk is to the downside with price below 1.0685.
It would take a sustained break above the figure to put buyers back in control.
To the downside see short-term support at 1.0565.
A break below the support figure will put sights down to the 1.05 figure.
Enjoy!
