Jan 5 2017:
Two things may happen:
1) Consolidation for a session or two (4 - 8 candles)
2) Bounce off resistance for immediate drop
I do not expect much major upward pressure due to strength of USD. Wait for indecision candle, then trend confirmation candle to take position.
Two things may happen:
1) Consolidation for a session or two (4 - 8 candles)
2) Bounce off resistance for immediate drop
I do not expect much major upward pressure due to strength of USD. Wait for indecision candle, then trend confirmation candle to take position.
