Retracement from day high, reversal on fib, target day high.
We can see frequent buy sell on the same level at 165, amazing war between bulls and bears, let's see where it goes
Follow the Ethics : Do your own research!!
Retracement from day high, reversal on fib, target day high.
We can see frequent buy sell on the same level at 165, amazing war between bulls and bears, let's see where it goes
Personal view only, DYOR
Dollar index getting higher causing a drop in EURUSD price. EURUSD up-trend is decelerating and seems like it's over and price is in the distribution phase.
Eyes are on the 1.176-- level, and a breakout here will means that we could see 1.1400.
GOLD update:
Price just tested the 1735 level, and we see a high sell pressure. However, we could see a breakout at this level and testing 1750. In my opinion the bearish is scenario has higher odds.
Waiting a penetration to catch some pips.
Price has reached the previous liquidity highs , closed with a strong H4 closure giving us that signal of buy orders not being fully taken out by bears so i am waiting for a tap higher atleast at the top of the liquidity zone to take a short before the high rejection.
