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EURUSD on 4 Hour

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Price is currently in a key demand zone looking left, where a large movement to the upside took place to push price higher.

Price is back in that zone again, and is currently squeezing in a falling triangle reversal pattern at at key level zone. Above this key region here I am anticipating for buyers to build up momentum to push price out of the triangle pattern to the upside towards the zones above.

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Vice versa, this is the US Dollar Index on the Daily Timeframe: Price is currently stalling at a key area of resistance looking left, currently forming a DOJI bearish reversal candlestick at a key zone on the higher timeframe. Another confluence that USD may weaken, giving the DXY a chance to form a higher low down into the support zone below.

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Price failed to pick up momentum and break the triangle to the upside. Setup invalidated