Really nice ascending channel and potentially a reversal pattern forming on the 1hr. As such will be looking to short if it presents itself. Idea invalidated if it breaks to the upside.
The Dollar has broken out of a range in play since the start of the year. Friday looked to continue this break until the bears came back into play forming a bearish pin bar from the weekly trendline, 50% fib level & 92.00 resistance. NFP on friday so we could just be gathering premium price. However after days of bullish momentum I think we are due a retest at...
Weekly & Daily are very bullish Expecting a pullback to the trend lines before heading higher to the 0.72500 area
Idea to sell after the breakdown of the rising wedge pattern. Wait for confirmation on price action before going short.