This week im expecting some retracement on uschf before we see continued selling pressure. price seems to be over extended and is heading in an area of support. if on a lower timeframe we see a shift in structure from bearish to bullish and a break and retest of structure we can look for buying opportunities targeting 0.9650 area or even 0.9675. at those respective levels there is a very strong possibility price will continue its overall down trend.
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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.