Finally we are seeing a break below 1.3850 support level . short opportunity will be available if we can see a daily candle closed below the highlighted area, then i will look for short confluences.
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What do you think about the conflict you have between the daily and the weekly , in the weekly chart we can defiantly see a big push up that didn’t broke up until now
LCFXpro
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@Ozzy1975, As of now i saw commodity pair will remain steady
YGForex
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Nice analysis buddy. Definitely agree a reversal will be valid at your entry. However, I will still look at the strength of the bulls to further consider to sell.
LCFXpro
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@YGForex, Yes your are on point, upside are very likely too as the global structure is bullish.