The dollar appreciation starts to lose its momentum. Nevertheless it is likely to have another move downwards to test the bottom (zoom out to see the great wick) as price-action suggests the continuation of the downtrend to the $0.63 area.
Anyways, this setup gives a good risk/reward and I think it is worth trying.
Anyways, this setup gives a good risk/reward and I think it is worth trying.
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Related publications
Disclaimer
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.