buy the dip at 112.00
Updated
Technical support level:
Ppevious swing low 111.61 and 111.35
0.382 fib. (from pre-election low to post-election high)
Fundamentals:
US job market is improving? (Trump's tweet mania, proposed border tax, keeping jobs?)
Trump's fiscal policy.
Fed rate hike (~3)
Bullish for dollar.
Ppevious swing low 111.61 and 111.35
0.382 fib. (from pre-election low to post-election high)
Fundamentals:
US job market is improving? (Trump's tweet mania, proposed border tax, keeping jobs?)
Trump's fiscal policy.
Fed rate hike (~3)
Bullish for dollar.
Trade closed: target reached
Note
trendline resistance.
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