Downward parallel channel but price is in the top section respecting the middle white band if it breaks out the channel we can see a potential rally up also there is a Rounded bottom on the 4hr stochastic which is a signal of bullish movement building after divergence 9
breakout continuation pattern forming right before the news increases volume 134.6 first resistance level to break.. also there is a 4hr inverted head and shoulders
Right now the pair is selling down a bit after a major runup. a BUY CONTINUATION could be very likely with the effects of news this week or it could increase the volume TO BREAK SUPPORT AREAS be careful. Ultimately I am searching for the best buy position AS THE DOLLAR STARTS TO SHOW ITS STRENGTH
not financial advice
