I am very bullish on this pair... Its piercing channel high. Going to test upper resistance and get squeezed between the two... Looking for the hold above resistance level which will then be support and 1.32 level. Oil is dropping which means this pair will continue to rise. Look for a pullback in a lower time frame and take ride... Data to back up situation: ...
Watch for the break of the channel highs and hold on the daily pivot. RSI looks good. MACD lines up well with RSI. Momentum indicator about to turn over... Stochastics on the rise. Once it breaks 1.452 level take a ride...
Gold is looking juicy for a quick scalp down due to the price which has risen way above the Bollinger Bands.. It's also about to hit the arc resistance and RSI is peaking...