Price didn't push up last week to reach our entry but has reached our TP level and pushed back up since (check related ideas section below). We are seeing rejections off the parallel channel, expecting further weakness as we should see DXY strength soon which should help push this down. We do have an important GBP event so trade this pair with caution.
@Izatidris thankyou for your feedback, im expecting quite a big move from USD pairs
Izatidris
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@FOREXSJ24, sir.. any analysis for this moment
FXSJGOLD
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@Izatidris we missed entry by minimal pips, we'll focus on our other USD pairs and in the meantime we need to wait for a retracement, it has a very long way to go so we'll still catch a nice amount of pips
Izatidris
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@FOREXSJ24, so this still valid until retracement. Right.?
FXSJGOLD
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@Izatidris a flag pattern breakout on a lower timeframe would be perfect