Key support at price level of 1.335..
Depending on how this key level holds, a push up to the upper trendline before a sell-off where I will be looking to take a short trade.
If no bullish momentum towards the upside can be spotted, then a short trade towards lower trendline is a possibility along with other confluences.
Other confluences to keep an eye on: DXY, OIL.
Depending on how this key level holds, a push up to the upper trendline before a sell-off where I will be looking to take a short trade.
If no bullish momentum towards the upside can be spotted, then a short trade towards lower trendline is a possibility along with other confluences.
Other confluences to keep an eye on: DXY, OIL.