Weekly Chart: Ascending triangle formed with a medium term bullish bias on the weekly candlestick pattern
H4 Chart: Ascending price channel points to a test of support at 1.13441 which makes for a good entry. Decline below 1.1253 would invalidate the bias.
RR is quite good on this set up and expecting the USDX to weaken in the coming weeks ahead of a Fed hike maybe sometime this year.
H4 Chart: Ascending price channel points to a test of support at 1.13441 which makes for a good entry. Decline below 1.1253 would invalidate the bias.
RR is quite good on this set up and expecting the USDX to weaken in the coming weeks ahead of a Fed hike maybe sometime this year.
