1H, 2H, RSI approaching to over bought, 4H approaching to over bought
also on a potential rising wedge.
my trade setups are based on fundamental figure to be released: expecting a stronger USD, therefore it's against what I draw on my chart. (My chart indicates that once DXY reaches 94.60 - 94.63 area, it will drop)
so currently if my chart is right, there'll be a fight against fundamental data if US data to be positive; however if US data is negative, it will be a catalyst to drag the DXY down very aggressively (possible back to 93.4-93.5 area).
also on a potential rising wedge.
my trade setups are based on fundamental figure to be released: expecting a stronger USD, therefore it's against what I draw on my chart. (My chart indicates that once DXY reaches 94.60 - 94.63 area, it will drop)
so currently if my chart is right, there'll be a fight against fundamental data if US data to be positive; however if US data is negative, it will be a catalyst to drag the DXY down very aggressively (possible back to 93.4-93.5 area).