I have placed a sell limit in the zone of 133.75 and 134.00. Being a key level around and seeing that price is now pushing towards this key level I believe this is the best place for a sell oppurtunity. GBP is quite weak and it the main trend is a downtrend so this should be good.
Bearish Engulfing pattern on H1 timeframe at support level of H4 timeframe gives us an oppurtunity for long postion. Combined with a rising ADX this more a correction before DXY continues to fall.
Hope it helps. Please comment what you think.
