Running out of Gas, Prepare for volatility tomorrow!
Looking at DXY oversold and clear exhaustion, looking at EURUSD, lack of direction and exhaustion of bulls... looks like we are in for a very volatile Friday. If price breaks 1.194 we are going to reach 1.2...
However based on lower time frames, I can see clear H&S Forming, lack of substantial bounce from daily lows = we are in to test 1.185 area, and I think we will visit 1.18 by Friday night.
What are your thoughts on the pair?
However based on lower time frames, I can see clear H&S Forming, lack of substantial bounce from daily lows = we are in to test 1.185 area, and I think we will visit 1.18 by Friday night.
What are your thoughts on the pair?