- EU made a shallow pullback to the 38 FIB extension on the 4-hour timeframe. - We need to wait for EU to break structure at 1.22395 to confirm long-term bullish trend. - EU created a triple bottom on the 4-hour timeframe. - The DXY has created an evening start on the daily timeframe, showing weakness.
This is a short intraday trade for roughly 70 pips.