After a very strong sell due to high inflation data USD I do expect continuation of the move, just after retracement of 0.618 FIB and a valid sell signal. Just idea, no trade advice.
Note
trade entered, Sl 1.2110.TP 1.2040Note
break out through resistance 1.2063-65, now running risk free 1.2063-65
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.