Price finds resistance at 1.136 structure, along with the top of the descending trendline. Counter trendline has been broken, however id like to see a clean break of the box region to confirm where price will move next. My bias is that price will continue the downtrend & move lower, but will wait for clear confirmation as there is FOMC news today for the dollar which volatility will be expected.
Commentaire:
Higher low set to retest, where a move higher can take place