DXY looks to hit a nice resistance, possible pullback to previous support then more up
EURGBP has been declining for a very long time now... small retrace before more down?
I see retrace around the 0.618 area.... anything above I see more bull.
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I see upward trend if RSI shows more strength on lower timeframes and nice bullish candle respecting support line.
otherwise.. if support line breaks i see continuation of downwards trend for previous major fib 0.618
GBPUSD has hit strong resistance and i see lowest 1.38415 before going long again.. if goes below the dashed line then I see strong bears entering.
I see a potential buy as it comes to a respected support. I also expect dollar to drop, by the looks of DXY.
I see DXY going up at these two points
just an idea, happy to hear others thoughts?
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Showing exhaustion and I personally expect a pullback around this area
IMO SHORT, PLEASE LIKE
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looks like it is coming to the end of a bearish rising wedge.. which two rejections... so i see a potential pullback to 0.382 area before continuation of bull run.
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after a nice bull run, i seen a potential short coming.
possible triple top and bearish rising wedge.