After applying more analysis over the chart we can begin to see what setups we can plan for.
I will be looking to short the pair from the 4hr resistance marked out in the chart.
The higher timeframes are suggesting more bearish movement, that along with a weak USD should drive the market to meet the low on our chart.
I will be looking to pull the trigger at the high and ride the trade to break August monthly low.
I will be looking to short the pair from the 4hr resistance marked out in the chart.
The higher timeframes are suggesting more bearish movement, that along with a weak USD should drive the market to meet the low on our chart.
I will be looking to pull the trigger at the high and ride the trade to break August monthly low.