As prices approach a critical resistance price region we see what is possibly an ending diagonal market structure that is in its final impulse wave. The dollar has already made a bearish close on the daily and weekly closes and a minor retracement of atleast 61.8% or 78.6 % is expected before prices head further
An interesting fifth wave scenario is forming up on this pair as prices are heading towards the end of this correction. Expecting to see strong bullish mommentum for the next two to three weeks as most economies reopen, increased investor risk appetite causing movement of capital/assets from safe heaven currencies to much riskier ones for much better returns. Mean...