Before I tell you about the trouble for this major currency pair, Let me share with you one useful tip.
If price is in an uptrend and there’s negative news release, watch how price reacts to it.
If price ignores the negative news and continues to trade higher, you know there’s strength in this market and the bullish sentiment is strong.
In this week’s analysis, I’m going to reveal a trouble for this major currency pair, and walk you through how I intend to take advantage of this scenario.
Lastly, you’ll want to pay attention to this key level on the S&P. If it breaks, things aren’t going to look pretty for investors.
So, go watch this week’s market analysis below:
This chart spells trouble for this major currency pair
I hope you’ve enjoyed this week’s market analysis.
If you’ve got any questions, don’t hesitate to let me know in the comments section below. Cheers!
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