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