Ok here we go this is actually my view and analysis on dollar index so to trade accordingly eurusd!
we re moving in this ascending channel and where i ve put my ask points should be the targets points of price.
In the middle instead we have a trigger level which is highligheted by the purple circle there our critical region!
So let s interpret the current price action... if this little channel down is a correction phase maybe another a,b,c sequence we could see another leg up after hitting the purple circle n this means eurusd down down down! instead if it s only moving just a bit sideways before powell s speech and will be able to break down the critical region to reach again the major ascending TL this will mean eurusd fly like we never seen before we stay ready!!!
we re moving in this ascending channel and where i ve put my ask points should be the targets points of price.
In the middle instead we have a trigger level which is highligheted by the purple circle there our critical region!
So let s interpret the current price action... if this little channel down is a correction phase maybe another a,b,c sequence we could see another leg up after hitting the purple circle n this means eurusd down down down! instead if it s only moving just a bit sideways before powell s speech and will be able to break down the critical region to reach again the major ascending TL this will mean eurusd fly like we never seen before we stay ready!!!