"What do you the fx crew use to confirm a reversal?"
When the price is going in the opposite direction to what it was.
lol
Too open ended Rawk in all seriousness.
What time frame are you talking over?
Daily is still in strong up trend.
To confirm a reversal in the daily I think it would need to break major support and/or trend. I have strong support at 85.20 which was previous strong resistence. If thats breaks then maybe a swing trade to the short side.
If we look at the weekly then we can see that it is hugging the median line in a strong uptrend.
Most punters on here though tend to be intra day traders and scalpers so apart from the theory of trading with the trend I think the majority look for intra day support and resistance or simply sentiment turns?
Personally I'm long and looking for 90c so I guess I could be biased (and completely wrong).
AUD
unknown
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