I believe price will pull back and continue to fall as the us dollar maintain its strength
We possibly can retest the 1.13 before going long again on EU 1.13 was retested previously before and shows to be a very strong level to look for buying
Im anticipating that usdcad is ultimately still in control but at this current price the sellers are challenging the buyers which could result in a discount back to the lows where its nice buy opportunities waiting for more confirmation to short
Right shoulder test can be setting up pretty soon for a possible Aussie short will be monitoring price action carefully as we got double daily rejections
Possible head and shoulders forming on this pair nice sell could take place pretty soon a good pair to have on the radar to target the daily lows if the plays out
This retracement could possible go up and retest 1.15 price level if the resistnace area is broken could test as high as 1.17 over the course of the rest of this month still over all short on daily but for intraday trading you could buy it up to those levels and take profit at resistance move stops if you have multiple positions open and let one run if the price...
Anticipation and patience is key this up coming weeks will be real intresting for XRP fading the sellers as the buyers momentum pick up will be watching this pair and bitcoin/usd
The US dollar is currently looking as if it want to continue pushing through although its going through a minor pull back as the relative pairs are all showing signs of strength and the anti correlated pairs show signs of weakness over all bias is long on this pair if it can hold above 112.998 support I will continue to monitor price action following NFP and the...
If the trend line is broken we could see possible shorts with this lining up with AU we could see it short into a nice buy zone will be anticipating and watching closely this pair next week
Depending on the weekly close of this pair could be pushing towards a bearish trend in the up coming weeks if the trend line is broken but a retest is possible before the roll over will continue to watch this pair along with the other correlating pairs
Pair could possibly short for the rest of the year
Expecting the dollar to decline this week followung FOMC Meeting for interest rates