There’s two things that we could be looking to do here;
Sell, if price comes below 72430
Buy if price goes above 73111
My opinion is that we’re just looking at a slight pull back.
So I’m currently looking to sell.
Make sure to follow me for more 👍😄
short position on 4H at (0.68375) position will hit a previous resistance tested (0.67754) . Hoping to buy long position 1D at (0.67754) and then a break out past the trend line. Tested multiple supports on weekly chart at the price of (0.68780), (0.68606), (0.68152) and (0.67754)
USD (DXY) confirming break and retest resistance of recent up trend - short term broad dollar weakness (intra-day)
101.25 appears to be a support line - close under and 99.60-50 will be the target tomorrow
Watch all dollar pairs for confirmation of weakness