Looking at DXY oversold and clear exhaustion, looking at EURUSD, lack of direction and exhaustion of bulls... looks like we are in for a very volatile Friday. If price breaks 1.194 we are going to reach 1.2...
However based on lower time frames, I can see clear H&S Forming, lack of substantial bounce from daily lows = we are in to test 1.185 area, and I think we will visit 1.18 by Friday night.
What are your thoughts on the pair?
However based on lower time frames, I can see clear H&S Forming, lack of substantial bounce from daily lows = we are in to test 1.185 area, and I think we will visit 1.18 by Friday night.
What are your thoughts on the pair?