The pair has been trading around previous reversal area and FX street line for the past 3 trading sessions. It test the 1.1235 are today through london session and recovered back to 1.1250. It formed a possible W on the 4hr trendline and a double bottom ! DXY reached critical resistance and s&r area, where there is a lot of rejection ! There are upcoming news on US GDP in a few hours, if they play well it could be a nice retracement back to 1.13!