With a strong dollar at the moment and Euro
being a strong bearish trend
, I will be looking at taking a short intraday positon, we are now at a strong level of resistance found on 1h, rsi
is currently overbought, now waiting for price to reject off the 50ema for confirmation. Once postion is taken I will look to take profit at yesterdays lows. I will close the position if price breaks 50 ema
at that point I will start looking at price reaching for 1.13869 for a short.