US DOLLAR IS GOING STRENGTH
PRICE HAS BROKEN ASCENDING TREND LINE ON THE DILY TO THE DOWNSIDE. EXPECTING RETEST AND CONTINUATION OF THE DOWNTREND.
ON THE 4HR PRICE HAS BEEN MAKING LOWER HIGHS (HIGHLIGHTED BY BLUE CIRCLES) AND LOWER LOWS (HIGHLIGHTED BY YELLOW CIRCLES. EXPECTING PRICE TO RETRACE UP, RETESTING ASCENDING TRENDLINE AND DAILY SUPPORT NOW TURNED RESISTANCE.
STOPS ABOVE THE 78.6% LEVEL AND TAKE PROFIT AT WEEKLY SUPPORT @ 1.0975
PRICE HAS BROKEN ASCENDING TREND LINE ON THE DILY TO THE DOWNSIDE. EXPECTING RETEST AND CONTINUATION OF THE DOWNTREND.
ON THE 4HR PRICE HAS BEEN MAKING LOWER HIGHS (HIGHLIGHTED BY BLUE CIRCLES) AND LOWER LOWS (HIGHLIGHTED BY YELLOW CIRCLES. EXPECTING PRICE TO RETRACE UP, RETESTING ASCENDING TRENDLINE AND DAILY SUPPORT NOW TURNED RESISTANCE.
STOPS ABOVE THE 78.6% LEVEL AND TAKE PROFIT AT WEEKLY SUPPORT @ 1.0975
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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.