On the daily we can see a huge bullish engulfing candle bouncing off support I've been anticipating for weeks erasing all of the previous week's losses. Another green candle tomorrow will confirm the reversal and signal the USD continuing higher in the medium term. Risk on assets like Bitcoin and stocks will see some selling pressure if the reversal is confirmed.
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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.