Afternoon Traders,
I've illustrated and highlighted 1 likely scenario given the state of the Dollar and relative strength from the EURO, this chart clearly illustrates a bullish movement as we pushed above the 1.2000 level this being a KL, the pattern is suggests a continuation of the overall trend at a test the 1.2000 level as is it lines up with the 79 - 88% range on the Fibonacci.
full transparency this will be my area for a potential entry dependent of course if price plays out as I have illustrated here, but of course I will adapt was new information comes out.
I've illustrated and highlighted 1 likely scenario given the state of the Dollar and relative strength from the EURO, this chart clearly illustrates a bullish movement as we pushed above the 1.2000 level this being a KL, the pattern is suggests a continuation of the overall trend at a test the 1.2000 level as is it lines up with the 79 - 88% range on the Fibonacci.
full transparency this will be my area for a potential entry dependent of course if price plays out as I have illustrated here, but of course I will adapt was new information comes out.