Price might be forming a solid double bottom. Crucial thing to watch is whether ECB is dovish or hawkish in the coming days because this could announce a STRONG Dollar comeback. Or also push the Greenback further lower.
Commento:
USD is still holding. I have a feeling we'll see a strong Dollar in this coming week ;) Thursday might be the day USD starts showing strength again!
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Price is still trading above support. You can see that no Daily candle has close below the wick yet. I still believe we'll be heading up unless we see a strong bearish candle on the Daily.
Commento:
No longer valid. USD is extremely weak today.
