The better than expected news from yesterday confidence survey in the US did little to this pair and this is worth noting.
Take a breather midweek, it is good to look at the chart simply without any bias of the previous days and news.
It is also good to note that the past few days were bearish for this pair.
Taking clues from the stock markets whether is there risk aversion, we can then judge our positions.
Have you checked out our membership subscription? Enjoy your own member dashboard with exclusive premium analysis for as low as less than $0.20 a day! Time Limited Promotion 30% OFF. Secure Discounted Rates Now.