This area should determine which zone we will be headed to next
As I posted earlier that this should be an easy 120 pips. Especially the way the dollar has been moving
The British Pound looks like it'll break out and test resistance again as I also stated in my previous posts.
Simple technical analysis tells us we have a buy confirmation.
Support is holding strong so far. It may be a good time to buy sooner than later for high R/R
Price is starting to get tighter and will eventually break out long.
We are at a strong support level. This could be a nice R/R entry for a buy
Last warning bears. We are only consolidating not retracing. Lets expect big moves up
IT'S ONLY OBVIOUS.I'm a technica trader a majority of the time until I realize that 88% of the hedge fund traders are long 2 weeks in a row. The small down was a nice start to another buy entry,
I would like to see it touch close this trend line with a good rejected for a valid buy entry. JPY should have another bearish weak.
We may have a bearish week. If we do it should be great for GBP and the EURO
The Japanese Yen should be pretty weak this week. We might have a small retracement early in the week but I expect a strong finish.
This would be really nice if this plays out...