Price has formed a bullish hammer candle rejecting support on Friday after NFP news for the US dollar, & price has made a bullish move to finish off the week which is a bearish sign for the dollar. Price also looks to be creating a potential inverse Head on shoulders formation where price may look to make its way back to the descending trend line again.
Comment:
Comment:
D1 Timeframe: Price has made a bullish rejection off support