HIGH RISK DAY
Don't get greedy.
Don't trust anything but the highest prob and keep it brief.
Admit you don't know and sit out when necessary.
Anticipating a drift up to 19.6575 or thereabouts where I will short. The Hourly still needs a bottom.
Looking to see if the H4 bearish trend will continue or not. My daily and weekly are bearish, but it may mean nothing since it is the last day of the month. I am neutral this pair. Looking for quick scalps.
As typical, the 9am utc / Frankfurt Open reveals a bull run if the H1 trend agrees with DXY bullish correlation.
Attached Image (click to enlarge)
Am neutral this pair. As with the peso, the Frankfurt open can be revealing for a bull run. Otherwise, I am anticipating movement for short quick scalps following fibs on lower tf as with the peso. Daily and weekly are bearish, but I am neutral.
If prices move too fast or erratically, I will sit out.