The possibility we could see price bounce off the support, to resistance and 0.382 Fibonacci level before the downtrend continues.
the entry point would be after:
Confirmed rejection at resistance and the 0.382 fib level (0.9050)
Bearish confluence among indicators (MACD, RVI)
Always in line with 4H EMA and the overall trend of currency (bearish)
Ensuring that any economic news surrounding USD is predicted in our favour or avoid the trade if the data forecast is agaisnt us.
the entry point would be after:
Confirmed rejection at resistance and the 0.382 fib level (0.9050)
Bearish confluence among indicators (MACD, RVI)
Always in line with 4H EMA and the overall trend of currency (bearish)
Ensuring that any economic news surrounding USD is predicted in our favour or avoid the trade if the data forecast is agaisnt us.