Entry:
-Fib 0.764 (please see chart) and 60 days moving average.
Stop:
no more than 30 pips
We are reaching historical lows and what we are seeing at the moment is more of a slowing in the decline rate more than a reversal or large correction.
interest rate hike in 2016, we have heard this before nothing new. the question is when will the US raise it's interest rate?
-Fib 0.764 (please see chart) and 60 days moving average.
Stop:
no more than 30 pips
We are reaching historical lows and what we are seeing at the moment is more of a slowing in the decline rate more than a reversal or large correction.
interest rate hike in 2016, we have heard this before nothing new. the question is when will the US raise it's interest rate?