In this analsysi and updated, we see in the speculate news that Federal Reserve want to created a strategy that yesterday was lays us to boost inflation and make the US economic recovery their employments, other datas as it is important for the next weeks.
So, lookin in H4 we are in formation of bullish rising wedge, this is accomplish of what FED want, that is a correlated positive of the US economic, but for long-term and mid-term is not good, but now we could to appreciate a recovery of the economy.
And remember that in Daily we see a bullish divergence and I follow this timeframe.
Remember: Tomorrow I will going to make an weekly and monthly timeframe about the situation and to know the macrotrend and what we expect in the future in the US economic about the analysis, fundamentals and theory of technical analysis.
Also, there are a lower high in the RSI in H4 timeframe and lower low in the price action, that mean a change of the leading price, that mean is bullish