USD seems to be breaking to the downside. only GBPUSD pair seems to have retraced against a weak dollar trend so far while CHF is usually strong.
Jumping in on a downtrend that seems slightly late is not always the best strategy but since Dollar weakness hasn't changed fundamentally, a trader can jump on the train with a small position size.
Jumping in on a downtrend that seems slightly late is not always the best strategy but since Dollar weakness hasn't changed fundamentally, a trader can jump on the train with a small position size.
Note
This is grinding trade so far. We have to stick with it for breakout of 0.8820. Patience will payoff and make a decent original R.Note
would have hit TP. it pays to have patience
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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.