nhlaka0025
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Joined Feb 17, 2021
trendanalysis
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as you can see on the charts price has attempted a break out of that structure and it seems to be succeeding, we could wait for a DAILY candle to close, this would give us confidence that we're going long on the dollar. This means that we look to short these pairs EUR/USD, GBP/USD, NZD/USD, and AUD/USD and buy these pairs USDCHF, USDCAD AS WELL AS OTHER USD...
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The dollar index has shown BULLISH pressure since last year, RECOVERING from the year 2020. what you can expect is price continuation right after the upper trendline is broken. so watch out for a break-out on that BULLISH flag structure. be prepared to short NZD/USD, GBP/USD, AUD/USD, only if the price breaks above 96.450
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