when every body think about the weakness of the usd, i stand and buying side of USD. #eliotwave #trendline #trendanalysis
AUDUSD meeting some criterial points that may support for short position. Trader may take a look for more details.
Last week, DXY has increased by good data of Non-farm, but it seems still not enough to make bullist DXY. Price wase react at Fibonacy retracement 0.618 and the resistance, 97.7 - 97.9. and the future for trade war still not stable for trade to buy US dolar. therefore trader still need haven treasure to be safer. the idea here is that let's wait for the DXY then...
Eur/Usd is hoped to reach for the adjustment 60 pip. - the price side way at h1 trend line. - Price touch to the demand zone. H1 - The price closed at H4 Fibonacit extension at 1.618 level.