DXY is almost at its top (maybe one last push till 97.50s), and the pair is at the weekly lows.
SMA(50) on the 4h is about to be penetrated.
Chart is forming an inverted h&s.
Expecting today’s US data weak.
Either today or at the very first days of the next week, I expect the pair is to climb 1.13 level very fast.
At least, I higly recommend not to short this pair, risky.
SMA(50) on the 4h is about to be penetrated.
Chart is forming an inverted h&s.
Expecting today’s US data weak.
Either today or at the very first days of the next week, I expect the pair is to climb 1.13 level very fast.
At least, I higly recommend not to short this pair, risky.