over all dollar seems to make some serious correction after a handsome rally Aud bounce after completing double top breakouts targets RSI divergences bullish candles WE must expect a dead cat bounces
finally rally of 3 months coming to an end bears seems to have total control with trend line rejection divergences and back to back bear candles
any dip will be the buying oppertunity AB=CD pattern completed on 1813 divergence on 4hr charts
GBPUSD was in bearish trend for quite some time 1.20700 was targets for head and shoulder bullish divergence on 4hr and channel top of DXY
Last Bear Cycle of USD was of 293day Again after 293days we saw an handsome bounce on DXY seems this was bottom Of USD
Bears seems to be in control Sell Gold when Breaks 1895 with Target of 1823
Market to remain in pressure Harmonic pattern in play Follow the mentioned levels
Inverse Head and Shoulder in play retesting Neckline buy on Market level with mentioned levels
Bulls are in Control any dip would be an buying opportunity Stoploss level is 1920 Take Profit levels mentioned
No signs of bears yet any dip would be an buying opportunity
Any Dip would be a buying opportunity start buying small lot and average them at dip with mentioned profit taking area
bears seems to be in control if retests breakout sell and book profit at point D
Bears seems to be in charge 1935-1940 would be a good zone for bulls to make new entry
Fight is on between bulls and bears respect the mentioned levels
bulls are in control buy ....!!! levels mentioned on charts
bulls seems to be in control any dip will be buying oppertunity
buy when retests 1938 or when breaks 1955 target 1980
seems bears are in control plus double top and harmonic pattern in play Stoploss should be 1.28600