Wait for it to cross the 0.382 Fibonacci line.
Wait for a confirmation candle to enter
If you enter the trade, your loss limit is 1.70 and your limit is up to the middle of the channel line
This is just a simple analysis, not a purchase offer at all.
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To enter into a deal, you need to know the basics of...
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Point of Risk-Reduction: 114.740
Stop-Loss: 15 pips
Risk: 0,5% -1%
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Carried forward from last week, USD has been performing well, certainly favouring bulls, especially after shaking off the NFP figures from last week.
New highs ideally required, indicated with the arrows and annotations. A break and subsequent retest of 94.450 would be great.