$FXUSD Update: Pullback Before the Next Move Higher
In this video, I provide an updated analysis of 
FXUSD following its recent price action. While the larger uptrend remains intact, the market is experiencing a sharp but necessary pullback before resuming its climb.
This move appears to be a final sell-off event, likely shaking out weak hands before price rebounds off a strong support zone. The fractal pattern forming across multiple timeframes suggests that this area will hold as a floor, setting up the next leg toward higher targets.
Key Market Observations & Trade Setup
🔹 Current Market Structure & Price Action
FXUSD faced resistance at $0.185, leading to a sharp rejection and temporary sell-off.
Price is now approaching a well-defined support level, reinforced by fractal structures across multiple timeframes.
This pullback is not a trend reversal—the broader bullish structure remains valid.
🔹 Critical Levels & Next Steps
Expected support zone: $0.143-$0.145 (likely bounce area).
If support holds,FXUSD is positioned for another move toward new highs.
Major breakout confirmation still requires a push above $0.185.
🔹 Trading Considerations & Risk Management
Short-term traders may consider exiting and rebuying near support.
Long-term holders should see this as a natural part of market structure.
Watch for volume confirmation—increased buying at support will signal the next move higher.
Final Thoughts
This pullback is a healthy reset within a broader uptrend. With strong structural support in place,FXUSD remains positioned for another move toward new highs once it stabilizes. Patience is key—let the market confirm support before making decisions.
I’ll provide updates as the situation develops—stay focused and trade wisely! 🚀
FXUSD following its recent price action. While the larger uptrend remains intact, the market is experiencing a sharp but necessary pullback before resuming its climb.This move appears to be a final sell-off event, likely shaking out weak hands before price rebounds off a strong support zone. The fractal pattern forming across multiple timeframes suggests that this area will hold as a floor, setting up the next leg toward higher targets.
Key Market Observations & Trade Setup
🔹 Current Market Structure & Price Action
FXUSD faced resistance at $0.185, leading to a sharp rejection and temporary sell-off.Price is now approaching a well-defined support level, reinforced by fractal structures across multiple timeframes.
This pullback is not a trend reversal—the broader bullish structure remains valid.
🔹 Critical Levels & Next Steps
Expected support zone: $0.143-$0.145 (likely bounce area).
If support holds,
FXUSD is positioned for another move toward new highs.Major breakout confirmation still requires a push above $0.185.
🔹 Trading Considerations & Risk Management
Short-term traders may consider exiting and rebuying near support.
Long-term holders should see this as a natural part of market structure.
Watch for volume confirmation—increased buying at support will signal the next move higher.
Final Thoughts
This pullback is a healthy reset within a broader uptrend. With strong structural support in place,
FXUSD remains positioned for another move toward new highs once it stabilizes. Patience is key—let the market confirm support before making decisions.I’ll provide updates as the situation develops—stay focused and trade wisely! 🚀
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.
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.