EURUSD has been in a slight down trend fueled slightly by last weeks NFP data. If the down trend is correct then price should touch S2 then retrace back up to this weeks pivot point.
The DXY has been showing some positive growth this week thus far.
If i am correct then there is an opportunity for around 85 pips. A buy trade should be initiated after conformation of the retracement.
The DXY has been showing some positive growth this week thus far.
If i am correct then there is an opportunity for around 85 pips. A buy trade should be initiated after conformation of the retracement.