US Dollar to take out recent highs on the hourly chart
The short-term daily bias for the USD is now bullish. The daily chart shows a possible "buy program" - as defined by TheInnerCircleTrader.
On the hourly, a retracement into the 61-78% fib zone of the recent impulsive up move (post NFP #) will likely get bought. Baseline scenario is that the USD takes out the stops above the recent highs on the hourly chart
On the hourly, a retracement into the 61-78% fib zone of the recent impulsive up move (post NFP #) will likely get bought. Baseline scenario is that the USD takes out the stops above the recent highs on the hourly chart
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.