To answer this question about the direction of almost any pair, you have to have a chart that will show you the Dollar DX on a 60 and 240 minute timeline. Many pairs which have the dollar in them, such as GU, EU, AU, etc. are directly governed by the dollar DX. Many other pairs, GA, EA, etc. will also be controlled by the movement on the dollar even though they don't have the dollar in them. The dollar flipped today from a down direction to a current direction up.
The dollar affects about 78% of all trades, either directly or indirectly, so you have to keep aware of what it is doing if you want to trade wisely and safely.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.