I am still not certain on the overall direction of this pair, although the price on the higher timeframes suggests upside movement, I still have a very strong bearish bias on the dollar. I will need to monitor how the DXY and WTIUSD perform on Monday before considering any position on this pair.
I have marked out the levels I am interested in, if price holds firm inside the buy region then we can conider buys, however, if the price closes below the key level marked I will be switching my bias and looking for sells.
COT Data - 73% Long
I have marked out the levels I am interested in, if price holds firm inside the buy region then we can conider buys, however, if the price closes below the key level marked I will be switching my bias and looking for sells.
COT Data - 73% Long
