+63 pips registered on the previous long position. The technical suggest that the breakout from the ascending channel is still highly possible. Moreover , the recent discussion on tightening the monetary policy by the American Central Bank (Fed) due to the updated inflation expectation (dailyfx.com/forex/fundamental/forecast/weekly/usd/2021/02/06/US-Dollar-Forecast-Climbing-Inflation-Expectations-May-Underpin-USD.html) give me more of a bullish vision here.
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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.