If we can see 0.7800 and the monthly pivot area taken out. We could see the 4H inverse head and shoulders pattern play out with a run up to previous daily highs
Comment:
Messy prie action after FOMC - H+S still in tact.
If the 1H starts to make lower highs, lower lows and sellers step in, I would switch bias as th daily time frame indicates we have room to drop
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If the 1H starts to make lower highs, lower lows and sellers step in, I would switch bias as th daily time frame indicates we have room to drop