There was a daily breakout from the downtrend however there must be a retest before making new highs so i expect a drop here to retest the previous higher lows on the 4hr tf and since dollar is making a move up foreign currency should retrace.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.