STRONG bullish candle and reaction off EUROUSD yearly support.
DXY also topped out temporarily. Nasty rejection candle at a massive resistance.
MACD, being a lagging indicator should crossover to the bull side next week but we are already witnessing a bullish divergence.
Going long here for a potential 200 pip bounce.
DXY also topped out temporarily. Nasty rejection candle at a massive resistance.
MACD, being a lagging indicator should crossover to the bull side next week but we are already witnessing a bullish divergence.
Going long here for a potential 200 pip bounce.
Note
Daily chart tells the story
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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.