Yesterday's data from ADP to change the number of people employed in the United States had a negative impact on the dollar and the currency pair to the resistance level of 120.33 again reached a daily low. Pair is still in the hallway of an uptrend. At present, the important news in the States is not planned, so it is projected that the pair will continue to move in the trend. Important day is Friday, as it is expected to publish data on the US labor market, they determine the future direction of motion of the pair.
The main scenario pair movement
Last forecast completely fulfilled and a couple adjust to the uptrend line Tenkan and Kijun intertwined above the price, the price moves below the rising cloud is projected upward movement of the pair of the support level 119.47. Buy the pair should be above the support level 119.47, take profits stand at levels soprtivleniya 119.90, 120.30, 120.70.
Alternative scenario pair movement
If the pair will be able to break through and consolidate below 119.47 support level, may continue the downward movement to the next support level of 119.07, 118.70.
LEVELS
Of resistance: 119.90; 120.30; 120.70.
Of support: 119.47; 119.07; 118.70.
The main scenario pair movement
Last forecast completely fulfilled and a couple adjust to the uptrend line Tenkan and Kijun intertwined above the price, the price moves below the rising cloud is projected upward movement of the pair of the support level 119.47. Buy the pair should be above the support level 119.47, take profits stand at levels soprtivleniya 119.90, 120.30, 120.70.
Alternative scenario pair movement
If the pair will be able to break through and consolidate below 119.47 support level, may continue the downward movement to the next support level of 119.07, 118.70.
LEVELS
Of resistance: 119.90; 120.30; 120.70.
Of support: 119.47; 119.07; 118.70.
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