DXY HAS A CHANCE OF GETTING TO $96.00. FOR USD PAIRS THAT MEANS, USD WILL BE WEAK. PAIRS LIKE GBPUSD WILL CONTINUE TO BE BULLISH IF SO
PRICE SEEMS TO BE STRUGGLING TO BREAK 114.250, IT ALSO LOOKS LIKE IT POSSIBLY CAN BE FORMING A DOUBLE TOP ON THE DAILY BUT ON THE WEEKLY IT LOOKS LIKE A BIGGER DOUBLE TOP MAYBE FORMING. IF PRICE FAILS TO BREAK 1114.250 PRICE POSSIBLY CAN DROP TO 108.835
PRICE BROKE TRENDLINE ITS POSSIBLE PRICE CAN HEAD TO 0.88750
PRICE HAS BEEN IN A DOWNTREND, PRICE HASN'T BROKE THE LAST HIGH AND ON THE 6H TIME FRAME PRICE FORMED A BEARISH ENGULFING CANDLE. PRICE HAS BEEN STRUGGLING TO BREAK 1.25198 FORMING MAJOR REVERSAL CANDLES IN THAT AREA.
THE DOLLAR HAS BEEN STRUGGLING TO BREAK PAST $97.67 FOR A WHILE. ITS POSSIBLE PRICE CAN DROP LOOKS AS IF IT MIGHT BE FORMING A DOUBLE TOP BUT IF YOU LOOK CLOSELY IT LOOKS AS IF PRICE COULD BE FORMING AN ASCENDING TRIANGLE AS WELL. IF PRICE BREAK UP THEN PRICE WILL BE HEADING TOWARDS $98.69. BUT IF PRICE DOES GO TO THE DOWNSIDE PRICE WILL HEAD TOWARDS $96.06
PRICE POSSIBLY CAN CREATE A DOUBLE BOTTOM TO THE UPSIDE
PRICE IS AT RESISTANCE 0.88000. RESISTANCE IS STRONG, PRICE HAS BEEN CONSOLIDATING, TRYING TO BREAK IT BUT HAS BEEN GETTING REJECTED, WOULD'NT BE SURPRISED IF PRICE DIDN'T DO MUCH UNTIL JULY. PRICE POSSIBLY CAN SELL OFF TO 0.85500
ITS POSSIBLE PRICE CAN SELL OFF TO SUPPORT #2 0.66577. IF THE DOLLAR TRULY GETS STRONGER THIS IS SOMETHING TO HOLD LONG TERM
PRICE STARTED FORMING AN ASCENDING TRIANGLE THATS AN INDICATION PRICE CAN POSSIBLY PUSH UP SOME MORE
THE DOLLAR POSSIBLY CAN GET STRONGER. PRICE POSSIBLY CAN GO TO 98.69
I DON'T SEE ANY SIGNS OF REVERSALS. PRICE POSSIBLY CAN BREAK THIS BULLISH CHANNEL AND HEAD TO SUPPORT 1.21044.
PRICE IS APPROACHING PRICE 1.23457, I’M EXPECTING PRICE TO HEAD BACK UP AS THE DOLLAR GETS WEAK. EXPECTING PRICE TO HEAD TOWARDS RESISTANCE PRICE 1.26074
PRICE IS IN A DOWNTREND, RESPECTS STRUCTURE AND POSSIBLE EVENING STAR
PRICE HAD A STRONG REJECTION FROM 0.94000. IT CREATED A MORNING STAR, AS OF RIGHT NOW PRICE IS CONSOLIDATING BUT IT DID CREATE A HIGHER LOW. PRICE CAN POSSIBLY PUSH TO 0.96500
PRICE IS JUST UNDER RESISTANCE #1 (0.88000), ITS POSSIBLE PRICE CAN SELL OFF TO SUPPORT #1 (0.85500). PRICE IS ALSO CONSOLIDATING JUST UNDER RESISTANCE #1 AS WELL WHICH CAN INDICATE A REVERSAL.
PRICE IS AT RESISTANCE #1 (0.94000), ITS ALSO CONSOLIDATING JUST AT RESISTANCE THAT COULD BE AN INDICATION PRICE CAN REVERSE. IT POSSIBLY CAN SELL OFF TO SUPPORT #1 (0.91500).