Loss of momentum ?

After a nice bounce thanks to a weaker dollar, prices seems to have touch a high level.

For the moment, 1.07382 is the level to break, but the DMI indicator shows that the trend is losing strength, with a falling ADX (in yellow).

Main support is still the daily Kijun, if it breaks, daily cloud should be tested soon !

Invalidation of this signal by a breakout of the highest short term level written above.
ADXChart PatternsdollarEUREURUSDForexforxtradingTechnical IndicatorsshortshorttradeTrend Analysis

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