Hi traders, as you see price breakout of descending channel, and now made abc correction, which is showing that price can move to the upside. I want to see break of that structure and pullback to confirm that buy. Be carefull we are having high impact news today for dolar, and i expect dolar to push lower since its showing bearish price action. Stay patient!
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Be carefull becouse price can just make bigger correction for downside, so my first target will be when price break previus high in that correction 1.19900
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Price nicely went up yesterday during news, now its making pullback lets see how it will react around trendline we are also having 1h sma line there.
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lets see