Hi traders, as you see price breakout of descending channel, and now made abc correction, which is showing that price can move to the upside. I want to see break of that structure and pullback to confirm that buy. Be carefull we are having high impact news today for dolar, and i expect dolar to push lower since its showing bearish price action. Stay patient!
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Be carefull becouse price can just make bigger correction for downside, so my first target will be when price break previus high in that correction 1.19900
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Price nicely went up yesterday during news, now its making pullback lets see how it will react around trendline we are also having 1h sma line there.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.