Possible retrace pattern, sell 111.
DXY ready for a turn into the summer months.
Not the cleanest pattern, but I like this one on the long side.
Anticipating the turn up.
Against the news flow, but hidden divergence present, sell at 135 plus for 13350.
Could be good for a scalp today.
If you put a gun to my head I'd probably go with the green.
Can play for 113, with a relatively tight stop.
Predictions well you know what to do with them.
Obviously we had a strong move up this week with all the US political noise. It will quiet down and focus will be on ECB and FOMC in June. Good pullback to trade.
Daily support and structure for ABC correction in overall up trend. Daily resistance now support at 13550.
Spot for DXY correction and resumption of downward move.
If the move off 108xx was the start of a new up trend, the move to 11050 is well within standard corrections.
Speculative pattern, but again risk reward is very attractive.
Hidden divergence with retrace pattern. Daily chart still looks pretty good so a good opportunity to see if can make another run to 130.