USD is currently rallying below it's daily pivot line 111.50. Unless this pivot line is clearly breached to the upper side with a big green candle, I expect a decline towards 110.63 and a breakout below to continue short towards 109.00. On the 4 hour chart above, if you didn't go long on the first retrecament towards 110.63, you could wait for a second pullback towards 110.63 then long USD around this line. A breakout will mean the price may continue short thereby short positions will be ideal
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .