See my weekly chart for your perusal. Taking into account that price has been quite overbought in the dollar against most pairs, I would feel more confident taking short at current levels for a 50 pips correction more or less before resuming the uptrend.
It also looks like a cup and handle pattern.
It also looks like a cup and handle pattern.
Trade active
NFP data has changed the strength of the USD against most pairs so we may need to wait a bit to have some pullback.Trade active
Exactly as forecasted.
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.
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.