The ascending channel has officially brokendown after a consolidation phase signaling a strong bearish bias Sellers are gaining control and there’s potential for a deeper move to the downside
Key Resistance: 1.28200 | 1.28700
Key Support: 1.27000 | 1.25700
Risk Management Reminder:
Always protect your capital—stick to your plan and use proper stop-loss levels
Key Resistance: 1.28200 | 1.28700
Key Support: 1.27000 | 1.25700
Risk Management Reminder:
Always protect your capital—stick to your plan and use proper stop-loss levels
Trade active
Trade closed: target reached
Trump's "uncertain" tariff policy caused investors to flee from US dollar assets, and the US dollar index once broke the integer mark. Institutions believe that the Federal Reserve may make a "preventive" interest rate cut?
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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.