Price broke out of its downtrend channel on Thursday after U.S. higher job report numbers. Now a retest is needed which NFP helped out on Friday get a slight retracement. More dollar strength expected & a rate hike in December. Lets see if we can get a clear uptrend of higher highs & higher lows from now on forward..
הערה:
הערה:
potential Daily inverse H&S pattern possibility..
הערה:
may get a wick or candle touch to the moving averages before pushing up, definitely possible.. Something to look out for
הערה:
looks like we may be forming that right shoulder to the inverse H&S pattern
הערה:
expecting dollar weakness for now, PPI numbers on Thursday could bring back some strength to this pair