This pair is seating on trend line again.


At the same time, daily Stochastics has crossed down from overbought territory. So if we look this chart from perspective that it is in a range, we could expect that price will head back down to lower border of a range at 118.70. Aggressive traders could move down to 4h and 1h chart and look if there will get strong rejection signal from trend line and buy that pair.

On Monday there is Final Manufacturing PMI news in Japan and later Manufacturing PMI in US.

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