If price passes the resistance on 1.067 go LONG
Go SHORT after the breakout oh horizontal TL.
U.S. elections and Trump effect made dollar rise and price broke TL and support to the downside. But the most probable is this pair ontinue its upward trend.
After price reached in one breath the downward daily trend line, it is very likely to do a retracement.
This pair seems to be between a downward channel and the price reached the top of it. SELL now.
Price reached the resistance zone of 1.020 and bulls do not seem to be strong enough to continue. Price break down the 4H trade line and there is a divergence with MACD.
It seems the trend is changing and I expect price cross the EMA 50 to go LONG.
After reaching the weekly trend line in one breath, price is going down. In a first step, it will head to the previous S/R at 138.81 and the hourly TL. Then will see. Possibly heading to the previous resistance at 132.25.
Price is at 1H TL. Possible down breakout.
After the price leave the block and retest its bottom, SELL
Price reached the daily trend line and, at same time the resistance of 138,90. It´s time for a retracement before continue its way up.
The price reached a long term support, so it may go up. Wait for breakout of TL.
There is much space to go down before FED rise. (if so....)