If you compare with DXY chart, it is bullish for US Dollar. Here presented a completed Bear Bat (Blue) and a possible Bull Crab(Red) coming in at the region of 1.10.
I will look to Short this pair again at 61.8 fib retracement of AB (Red colored box) towards the completion of D Bull Crab.
Coupled with harmonic pattern Bull Butterfly right smacking at the support and fib ext of 127.2
Good RR to go short when its making the right shoulder. Even going long would give you at least 200 pips before the short kicks in.
On the 4hr, we could see hidden divergence that ive marked. On the weekly, it is bull engulf. looking for this instrument to go further up. Reload long position somewhere 50 fib swing low and recent high. Could be coming as Bull 5-0.
On the daily, we can see a Bat pattern D to completed somewhere 116.7 which comes to previous Support turned Resistence now. Zooming into smaller TF, on the 1hr, we can see either a Bull Bat or Bull Cypher to reload long towards the D completion of the bigger Bat pattern.