We are at the technical pullback area on the 4H and the 15m is looking like it is turning bearish at this moment.
We are at a key level on the 4H, with the lower timeframes consolidating and turning bearish.
Technical analysis only key level on the 4H chart. with the 15m looking like it is about to turn bearish. it may not move much the until the funds rate on wednesday.
Very nice 4H zone that we are currently in. Going to wait for the 15m to turn bearish then I will short to target.
over the next day or so price will struggle to break the 4H Support. I will look for entry in the purple zone with my SL setup a little bit below that zone
Same idea as the previous short on this pair. I expect to see some resistance form on the hourly chart over the day or so. This will happen in the yellow zone. Once that happens I will be taking short positions from them with my SL being about 15 pips above where that resistance is.
we are at a key level of resistance on the 4 hour chart
At this point, I would expect another retracement to 106.50 area before proceeding with the trend. I will look to go long at this point. This is still at least a few hours away.
The dollar will continue down to the 105.90 range at which point it will reverse and continue its current uptrend