Dollar keeps wasting long opportunities here. Multiple times over the 200dma and over 20dma and yet not willing to run, also with a favourable 10Y interest rate in uptrend during 2018. When a currency has conditions and doesn't go I learned to expect surprises. Out of my longs.
First base formation OVER the 15m 200ma since April 13th. Next higher high could trigger long setup. In anycase I will remain with a feeler or 1/4th position due to big catalyst news due on thursday morning from Bank of England, expecting a shakeout and then real setup there.