FIrst, FOMC minutes about hike interest rates are denied and an increase at least for june is denied. Then, the price didnt cross 1,106 (green line) stronger support. EU are touching the lower channel line(blue line) and it´s acting like a support. DXY
are falling at least 94 for the FOMC Minutes forecast. Finally, do you se this HS? 1,125 first TP second one 1,14.
PS: look there is a GAP at 1,20, Interesting right?
PSS: Montly view also shows that we are in the lower line of the major channel (SEE BELOW)