The pair lingered.
Today we are waiting for a number of macroeconomic reports, including on the real estate market and durable goods from the United States. At the moment we are seeing that the dollar index has risen to 3-month highs and has overcome the 96.00 mark.
The data released yesterday from the UK on the real estate market was worse than expected.
On the chart we observe that the price is falling and is currently near the level of 1.29. Our technical indicators point to a sell with the possibility of correction to the middle of the Bollinger channel.
Therefore, we advise you to look for points to enter short positions and consider the levels of 1.2850 and 1.28 as your goals.
