Finding strong pivot with high buyer volume off 103.400 triggering buyers sentiment.
Based on MACD/SIGNAL crossing 0 line I for momentum increase I expect a retest of 104.100. Expect potential pullback as at 103.800 and 104.000. RSI is heading for overbought zone.
DXY analysis attached for better sentiment.
Please comment with thoughts and ideas. Thank you.
Based on MACD/SIGNAL crossing 0 line I for momentum increase I expect a retest of 104.100. Expect potential pullback as at 103.800 and 104.000. RSI is heading for overbought zone.
DXY analysis attached for better sentiment.
Please comment with thoughts and ideas. Thank you.
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Related publications
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.