Spotted the following 2 patterns on the pair
- a on the H4 chart. Completion @ ~1.2125
- a on the D1 chart. Completion @ ~1.2085
Let's monitor this closely. Tonight FOMC. I would love to see another higher high to complete the above mentioned patterns and the indicators shows us a divergence !!
Naturally it does this as the market is waiting for NFP tonight.
(Apologies..... dunno where I saw FOMC yesterday, it is NFP tonight)
Will monitor this closely, look for retracement to re-enter short again