Approaching 1.12 psycho zone, pair has been consolidating for a while. A rejection off key level from DXY may be just what's needed for some movement from the pair towards the downside. Multiple confluences including the following: 4hr TL + Psycho Z + F + R + DXY TL. Possible entry on close of 1hr candle.
DXY:
DXY:
Commentaire:
Was potential to grab 40 pips from the drop, now back at the same level waiting for some confirmation from DXY before entering for a swing