- Price respect to this level and form nice price action.
- bounce back from level of 30 (over sell).
- waves harmony showing end of wave 4 and resume the 5th up impulse wave.
- Price get support right above the green cloud of .
-Trend is already up & strong and all the above making more confluence.
It is true that on weekly chart we can see some strong evidences of weakness but still bull battle is not over
and some Aces are up out of the sleeves herein :)
I still think this pair is gonna do something abnormal this time by going up and up and up to broke all bears
But Dollar Index does not give me that confidence to trust dollar anymore , see weekly chart and you know.
All in all I know it is so big possibility the price might finally drop down cause it is at so important & historical line playing support / resistance ....
But what I think is it is not gonna drop before trying 110 again and I like this 4000 pips very very much (my platform uses 5 digits) like tradingview.