Fun-The-Mental News..
4.30 PM - GBP Positive
10.00 PM - USD Positive..
Questions.. Will the fed will increase rate first or BoE will increase the rate first?? I'm sure NFP this week will give BIG IMPACT....
Technical...
Last Month.. I believe price may Kiss Fibbo 50% before August Start... But price Retrace; but this month; again price open above Fibbo 38.2%... With good momentum; Price may on the way to kiss Fibbo 50% this month... Esp if price make a New Month High....
However; this week price suggest for RETRACEMENT first... So i will watch for Sign of Retracement Complete This Week....
Trend are Up in Monthly TF; Weekly TF & Daily TF...
4Hr Trend Up.. But no confirmation from 1Hr TF..
by Owner of Caripips Blog...
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