Hey Traders! 👋
For Day 32/100 of our challenge, we will take a jab at USD and where it could head to next week
Technicals:
- Last week has been aggressively bearish
- We're now at potential support at 102.2
- Also the 62% fib retracement from swing high
> Can possibly see USD gain some strength on rebound at these levels
> Or at 101 support
BUT: Invalidation Area
- If 101 is breached to the downside, expect further bearish conviction
For Day 32/100 of our challenge, we will take a jab at USD and where it could head to next week
Technicals:
- Last week has been aggressively bearish
- We're now at potential support at 102.2
- Also the 62% fib retracement from swing high
> Can possibly see USD gain some strength on rebound at these levels
> Or at 101 support
BUT: Invalidation Area
- If 101 is breached to the downside, expect further bearish conviction
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.