The asset is giving signs of distribution, it is now underperforming in divergence with the EURUSD , and DXY just cleared a mayor area of liquidity, which might start a bullish run for the Dollar
As a trader, a priority is to preserve our capital, therefore we need to choose which trades we would like to act on, Divergence on the market is a good indicator of which trade has the most probability to be effective.
THIS IS NOT A SIGNAL, THIS IS NOT FINANCIAL ADVICE, THIS IS ONLY INTENDED FOR EDUCATIONAL PURPOSES