-With the dollar gaining some strength we might see EU weakening after we saw the bearish variation on the weekly candle
-same as the dollar we might see a pullback and continuation to the downside
Daily
-after we had a bullish daily candle
-a 3rd touch of the ascending trendline
-inverted head and shoulder formation
we might see EU push alittle bit higher b4 tanking or have no retracement and continue with the bearish momentum.
H4
-inverted head and shoulder playing out
-slight pullback but should keep in mind we have more sellers than buyers on higher timeframes
-same as the dollar we might see a pullback and continuation to the downside
Daily
-after we had a bullish daily candle
-a 3rd touch of the ascending trendline
-inverted head and shoulder formation
we might see EU push alittle bit higher b4 tanking or have no retracement and continue with the bearish momentum.
H4
-inverted head and shoulder playing out
-slight pullback but should keep in mind we have more sellers than buyers on higher timeframes