USD has been rallying for a week now. RSI is 66, still room to the upside but I noticed divergence pattern forming on 1h chart. I think the market will try to break level around 1.297 and pull back to 1.266-ish (50EMA) before reaching 1.30 and 1.31.
We must remember we’re at very strong resistance, I don’t think it’s possible to break it without small correction but after it’s done we will go even higher.
We must remember we’re at very strong resistance, I don’t think it’s possible to break it without small correction but after it’s done we will go even higher.