Took all my shorts off from the 142.30 area and am starting to build longs. The 1H chart looks pretty over sold to me. Stochastics are way down and MACD looks like it could be bottoming soon. We still need to see some winding down of the 4H before it aligns with the daily (which looks bullish to me). Overall, I see 145.00 short term with maybe some stalling in the low 142 region. Daily is screaming long and I'm looking at that as the big picture while I play in and out of smaller trades on the 1H and 4H time frames.
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