On the daily time frame we see price has broken the previous daily high.
Keeping an eye on DXY and monitoring if we can break lower or continue upwards to the 0.71000 area.
Keeping an eye on DXY and monitoring if we can break lower or continue upwards to the 0.71000 area.
HOWEVER
I see DXY is as a resistance and is deciding its direction.
I am going to be patient and see what the USA DOLLAR wants to do.
Aussie dollar has shown strength thus far this week.