With bullish momentum picking up on the DXY we can expect a continued drop on this pair as it has now gave us aa doji on the monthly chart rejecting our resistance and several on the 4 hour showing momentum slowing down to the upside. Now it might want to come up again for a retest at the monthly zone which currently lines up with the 50% level on our Fibonacci but if we have patience we can def see this trade play out!!!
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Let's Master the Markets!!!!
As always like, comment, and follow for more trade ideas!!!
Let's Master the Markets!!!!