Today I was looking to the weekly charts of the pairs. For the USD counterparts, I saw that all (USD) pairs are placed in a bottleneck. A dilemma between breaking through the old trend-line or continuation of the trend!
Below I have depicted this point for the pairs, a long-term view for the USD.
In this situation, what is your prediction (share your thoughts with the others):
USD or the other currencies?
Below I have depicted this point for the pairs, a long-term view for the USD.
In this situation, what is your prediction (share your thoughts with the others):
USD or the other currencies?
Note
AUDUSD:Note
GBPUSD:Note
NZDUSD:Note
USDCAD:Trade closed manually
Please refer to the following idea:
Trade closed: stop reached
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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.