First, we look into the yesterday trade and what happened on July 4, 2018, and it opens at 1.3188 and went high at 1.3248 and gone low 1.3170 and finally close at 1.3224. The calculated pivot point for the day is 1.3214.
The difference between high and low was nearly 78 points and was a good chance for traders to take the opportunity and finally benefited. Now the opportunity is sideways trade and trying from consolidation to go upper levels in few days. Hourly traders waited for opportunity to buy at 1.3200 level and benefited at 1.3240. Again traders are waiting for profit at 1.3340 levels after recovery of the market.
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TODAY EVENTS ARE GOING TO BE INFLUENCED THIS PAIR AND TRADERS SHOULD BE OBSERVED FOR ACTUAL AND ITS IMPACT ON THIS PAIR AT THESE TIMES
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