I see a clear sell in play based off support and resistance. We can see clear rejections at 1.37000 followed by huge drops to supports as low as 1.34500 at this level.
To keep it safe I placed TPs at the next two key supports for retests.
Macd and Signal made a clear cross and heading for 0 line while RSI is looking to break support.
DXY is currently in fuel mode as we saw a second support retest at 90.00 followed by a pivot.
Please comment with thoughts and ideas. Thank you.
To keep it safe I placed TPs at the next two key supports for retests.
Macd and Signal made a clear cross and heading for 0 line while RSI is looking to break support.
DXY is currently in fuel mode as we saw a second support retest at 90.00 followed by a pivot.
Please comment with thoughts and ideas. Thank you.
Trade active:
TP 1 smashed heading for TP 2 at market open
