Price is ranging after forming first Higher Low just after it came to Stop Hunt some orders on the Monthly Key Support Level.
We can find a divergence with MACD and the EMA 50 is now forming support.
Price can come back to retest 106.00 (Monthly Supporty) just as
DXY
is about to do with Montlhy Resistance, and then fly for 108.00.
If it break with a strong daily or 4H candle above 106.770 (38,2) we can go Long very safe.
Patience is the Key!
We can find a divergence with MACD and the EMA 50 is now forming support.
Price can come back to retest 106.00 (Monthly Supporty) just as
DXY
If it break with a strong daily or 4H candle above 106.770 (38,2) we can go Long very safe.
Patience is the Key!