We see 3 confirmations on a possible buy op. 1) We have switch over of MACD 2) Bounce of our S2 pivot point 3) being over sold on our Stochastic. WE also see a break in our chart pattern for a possible 4th confirmation of upward movement.
We see a possible rising wedge forming here. Also a possible double top we should be looking out for, seeing how that plays for remainder of day. Trade op opens when we see a bearish break of our rising wedge formation.
rejection of the .76200 resistance. Rejection off 91 for DXY as well.
on 1Hr time frame we see double tops and possible break in trend line. Possible retest of .76000