Watch and wait is the name of the game. Currently looking at EUR/USD and AUD/USD. I keep expecting AUD to reverse but it just hasn’t.
Might have a short opportunity on the Euro here if it starts moving down. Shorting at the red line would be the aggressive move, the more conservative idea would be once it’s under the red/green candle combo sandwiched between the small peaks there.
Last week looked like a good time to short this pair but it just hasn’t been happening. I’m watching as RSI is creeping closer to overbought and same with Stochastics.