Would like to see this pair and hit the 1.29700 level and form a head & shoulder formation before the bears come in and push it down past the 1.29000 level.
Look for bearish price action on the lower time frames.
Also have highlighted the 1.30000 physiological level. if price reaches that high then wait for a retest or if the DXY continues to get weak, wait for a break retest of the 1.30000 level.
Look for bearish price action on the lower time frames.
Also have highlighted the 1.30000 physiological level. if price reaches that high then wait for a retest or if the DXY continues to get weak, wait for a break retest of the 1.30000 level.