I see conflict between USD and other pairs!!
When looking to USD INDEX it raise high and break 82! HOW OR WHY? HAVE NO IDEA!
EUR Drop 300 pip so is that mean usd strong? NO USD DROP MORE than 300 pip front of cad and also weaker front of AUD, AUD ALL DAY moving higher
on the other hand i see gold drop lower lol
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good analysis I have no idea either. Just funny day to trade or sad however you view it
perhaps, according to my 2h chart, maybe several hours. hehe how much higher do you think this will hit before the usd gets stronger or a turn around?
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its kind of scary to stand in front of a rubberband that has not released. Just coiling its way out. I think is has gone pretty far and cant have much to go. "one way or the other."
for some stinky reason i have a feeling well be consolidating untill london opens considering the past 18 hours. hopefully shell break one way or another soon
I am so glad that some of you are long biased at the moment. Psychology never fails.
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Looks like classic ABCD type of retracement, there is common 50% Fib retracement from this big up move, and also some Fib levels from ABCD patterns. That's why I think bullish, but first need to break channel on H1.
