On the Daily timeframe there is still some bullish momentum with the last candle closing engulfed. It looks like price wants to get to the 200 ema on the Daily timeframe.
A few news events this week could cause some volatility: Wednesday AUD unemployment data and Thursday USD Retail Sales.
Uptrend still in tact. I think a break out of the mini range on the Hourly will provide us with the direction it wants to go. Could be a buy or sell at this point. But buyers have a slight advantage right now.
-61.8% TP on fibonacci is also right on the 200 ema Daily.
A few news events this week could cause some volatility: Wednesday AUD unemployment data and Thursday USD Retail Sales.
Uptrend still in tact. I think a break out of the mini range on the Hourly will provide us with the direction it wants to go. Could be a buy or sell at this point. But buyers have a slight advantage right now.
-61.8% TP on fibonacci is also right on the 200 ema Daily.