1D RSI is at 65.08
We are currently in uptrend. (0.95$ - 1.0595)
As i mentioned last week. If the price break 1.0618, Our next target/Resistance is at 1.0765. However we didn't break 1.0595 yet.
The reason is 4H (Timeframe) went Neutral RSI 52.12 (Sideways) from Friday onwards (since PPI)
MM's wanna move after seeing Today's CPI, Wednesday's (Fed rate), Thursday (ECB interest rate decision) , Friday ( PMI of USD).
we even got BOE interest rate of GBP this week.
We are currently in uptrend. (0.95$ - 1.0595)
As i mentioned last week. If the price break 1.0618, Our next target/Resistance is at 1.0765. However we didn't break 1.0595 yet.
The reason is 4H (Timeframe) went Neutral RSI 52.12 (Sideways) from Friday onwards (since PPI)
MM's wanna move after seeing Today's CPI, Wednesday's (Fed rate), Thursday (ECB interest rate decision) , Friday ( PMI of USD).
we even got BOE interest rate of GBP this week.