Following the down trend, entering after an H4 close hit the EMA 15 What do you think?
Special message to Thomas from FX evolution :)
1 - broke trend line 2 - MACD cross 3 - USD losing steam after huge rally Waiting for a bounce on the EMA20 to enter a long
It looks like it is testing the MA200 as a support and Fibonacci retracement of 0.5. Wait for the daily close and buy on the bounce or sell on the breakout? What do you think?
Looking at higher time frame, the weekly shows us a very strong Support Resistance level @ 1565 which was hit many times over the years. And we crossed it yesterday. Will it sustain the momentum supported by Fundamental Analysis and instability in Iran crisis? I would think so. I will open a long when it bounces back...