Anlyzing Dollar Index always helps having a better idea for all USD pairs. In the daily chart we may see price has bounced from the bottom trendline of the channel it moved in, meanwhile we have a MACD divergence. In the 4h chart we have the breakout above a falling wedge and now price looks like is at the beginning of a correction. When this corrective structure will end we should have a new up move probably till the upper bond of the channel.
Daily Analysis:
Daily Analysis:
