The closing price was above 108, which is actually a key price for this pair.
If the negative sentiment caused by coronavirus does not get worse,
this pair may show a move to be back to 109-109.5 next week.
I will also see if the price can move up above two key moving averages, 20-day and 100-day.
If it fails to do so, sentiment to the downside might be stronger.
If the negative sentiment caused by coronavirus does not get worse,
this pair may show a move to be back to 109-109.5 next week.
I will also see if the price can move up above two key moving averages, 20-day and 100-day.
If it fails to do so, sentiment to the downside might be stronger.