Having a look at weekly consolidation and the fact that we have entered weekly support, we could potentially see price push back into resistance from here. Not sure if price has completed the push into support however, the daily could indicate that a shift of momentum is imminent.
Lets see if we can get a push higher from here... Need M30/H1 confirmation to look...
Having a look at W1, we can see that the previous week closed strong bullish engulf. This, to me, indicates and possible shift in momentum. The current weekly opened and pushed straight down and is currently making the top side of the candle. With NFP due today in like 5-6 hours, we could see a huge buy-up of price.
Having a look at the current daily, confluence...
