I'm looking forward to see a bollinger Band crash signal like at the last daily cycle low on 01.06.
So I'm waiting for toi break below 1.0875 and I will add to my opened EurUsd short.
I think they are playing out the techical traders who will sell into the breakdown from the channel.
We are very late in this daily cycle. The daily cycle should come any day now.
Just one thought :
If the dollar starts its decline (EursUsd goes up) that might give the final push to gold to break up from the pennant...
So I'm waiting for toi break below 1.0875 and I will add to my opened EurUsd short.
I think they are playing out the techical traders who will sell into the breakdown from the channel.
We are very late in this daily cycle. The daily cycle should come any day now.
Just one thought :
If the dollar starts its decline (EursUsd goes up) that might give the final push to gold to break up from the pennant...