The dollar is experiencing relative strenght across the board after Powell's speech. Out of all the set ups, this one currently presents the best Risk:Reward in this conservative play.
Its already stalling at the level, there is a noticable slowdown as we head into the asian session but would expect to pick back up tomorrow.
-Pullback this week presents good prices for investors to get back in with better prices
-Friday's selling showed relatively big amounts of volume suggesting panic selling
-The chart seems to be reacting to previous support areas which adds to the case of a bounce back or presents new opportunities for shorts if they're broken and hold
-RSI at ~26 suggesting its...
