everything can happen with this pair GBPUSD AND AUDUSD. My biggest bias stay in favour of bearish with a target of 1.16414 but i can i break the previous daily resistance and end up above well its a buy.
the price has broken and passed the level of 1.61693 which is the last support and resistance area. if next week the same level is retested and and continue the downtrend we can expect a downtrend confluence. if it doesn't there might be a high chance that it was a simple pull back to continue the up trend. watch.
okay, I usually don't do big stop losses like this but with my experience, this pair has shown mad spikes in the past so better safe than sorry I am strongly in favour of a sell-off to 1.63505 Rsi in favour. sell after possible Monday retracement. exercise FOMO with this pair.
After an NFP pushing the price to 92.846 before closing at 92.780 crossings two resistance level at 92.703 and 92.710 both H4. it has changed my bias on the DXY for now. Like every swing up there is always a swing down. if it happens I am expecting a retracement to the downside crossing back the past 2 resistance towards the level of 92.314 and if it bounces back...
okay, this pair is a rollercoaster, it juggles a lot. my thought on this is that the level of 0.85958 is the one where a lot of selling order has been taken and it is just under the 50% fib which makes it a nice area of retracement. but then I'll take another trade from that level to the downside. hopefully, i am write