I think we all now by now that there’s bids ( buy orders ) at 1.3050, 1.3040, 1.3030, 1.3020 1.3010 and 1.3000
Stop loss selling if 1.3000 is broken
The amount of bids tells me the reason why we’re struggling to go lower but we’re not going higher either so to me the pair remains weak.
I hear of offers ( sell orders ) at 1.3090, 1.3100, 1.3120, 1.3150
Let’s see what the morning brings…