Depending on the news this week for the USD. I believe that this pair will be selling off. After it makes another rally higher.
Divergence setup in place waiting for the indicators to line up just have to wait for the proper entry point. Currently see a cup and handle pattern which mean the market can still push up a little more than come down to give a bigger divergence. Market can move near the 75.500 area if it goes bullish JPY NEWs at 7:50 pm that will determine the direction of...
From looking at the charts, it seems like the trend can continue going bearish. CAD is going to have some news coming out this week. If it goes in the favor of CAD then that will give more confirmation for the downtrend
Right here it showing me a flag formation, unless some major news comes out in the next few days, I believe this will continue to go down.
Price can potentially go up then continue bearish