here you can see XAUUSD breaking above the neckline of this inverse head and sholders usd is going weak this last days and after the FED today targets on chart
@phoe68, could be, depends on momentum
this idea is a short term one with a close stop and goal
will do an update if price will break above 1300
phoe68
⋅
@TamirHa, my idea is it has to retest levels between 1150 and 1180 area after touching 1305
A_Swissa
⋅
@phoe68, in my opinion, if price breakes 1200 to the downside it could retest 1125 level
keep an eye on dollar index (DXY) 92 key level for the best forcast