Hi Traders, for those who trade trend with fib based confluence, AB=CD or channels and waves. We see as the USD Gains strength others fall. But for how long?
Be good to watch this zone and see how the market reacts. Im sure many traders are already watching this pair
There are some important structure levels looking left as well which may add to a potential reversal.
For those who trade lower time frames, be sure to watch for any signals for reversal.