USDOLLAR: BREAKOUT OF BULLISH TRENDLINE? or ANOTHER BULL RUN?
Updated
Hello Enthusiast Forex Trader! Here's Long-term outlook for USDOLLAR , Support the Channel by smashing the FOLLOW and LIKES Button, then Share your opinion on the Comment Section below :)
*USDOLLAR creates a Descending Broadening Wedge pattern on Daily Timeframe
*USDOLLAR is moving above the Exponential EMA200 and bullish trendline
*Stochastic is pointing up in the neutral area, it could indicate a bullish momentum ahead.
*If the price exceeds the support area, it will invalid the roadmap and USDOLLAR can move in bearish phase/sideways
DISCLAIMER:
This isn't a recommendation to buy or sell currency pairs, only an Outlook from technical perspective.
*USDOLLAR creates a Descending Broadening Wedge pattern on Daily Timeframe
*USDOLLAR is moving above the Exponential EMA200 and bullish trendline
*Stochastic is pointing up in the neutral area, it could indicate a bullish momentum ahead.
*If the price exceeds the support area, it will invalid the roadmap and USDOLLAR can move in bearish phase/sideways
DISCLAIMER:
This isn't a recommendation to buy or sell currency pairs, only an Outlook from technical perspective.
Trade closed: target reached
USDOLLAR Achieved Target 1, see ya on the next roadmap :)Trade closed: target reached
ACHIEVED TARGET 2, GOOD LUCK ON YOUR WEEKEND GUYS :)
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