The dollar does not show clear direction at the moment cause it has been tanking the entire month of November. It has now reached a area I feel a reversal would make sense but it could also keep falling. Here is a bit of explanation to my theory. As I continue to monitor this week I will be watching for some good scalping and day trading positions on GBPUSD.
Comment:
Price now starting to show signs of bearishness and is making new lows.