USDOLLAR: The Trend of Stronger Dollar Will Not End Yet?
Hello Fellow Global U.S. Dollar Trader/Investor, Here's a Technical outlook on USDOLLAR!
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Chart Perspective
USDOLLAR has rebounded on the bullish trendline. Simultaneously, The USDOLLAR is broken out of the bullish continuation pattern (Falling Wedge). Furthermore, The MACD Indicator starts making a golden cross, it signifies the potential bullish movement ahead to the target area.
All other explanations are presented on the chart.
The roadmap will be invalid after reaching the target/support area.
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the U.S. Dollar"
Support the channel by giving us a thumbs up and sharing your opinions in the comment below!
Chart Perspective
USDOLLAR has rebounded on the bullish trendline. Simultaneously, The USDOLLAR is broken out of the bullish continuation pattern (Falling Wedge). Furthermore, The MACD Indicator starts making a golden cross, it signifies the potential bullish movement ahead to the target area.
All other explanations are presented on the chart.
The roadmap will be invalid after reaching the target/support area.
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the U.S. Dollar"
Trade active
Trade closed: target reached
Done Target 1, See ya on the next target?Trade closed: target reached
Target 2 Achieved, Good Luck to Everyone!
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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.
Related publications
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.