DXY : STRONG RESISTANCE AT NEAR 96.68
A potential parallel channel is form between point A, B and C. The potential point D is a strong resistance where the FIBO 127.20 and high of 27-6-2016 at 96.71, are located at there as well. So for those who have long position can hold it until 96.68 is hit, and look forward to sell at there.
TRADE IDEA :
LOOK FOR SHORT OPPORTUNITY AT NEAR 96.68-97.00
SL : 97.23 OR WHEN THE RESISTANCE LEVEL IS BROKEN
TP 1 : 95.26
TP 2 : 94.13
TRADE IDEA :
LOOK FOR SHORT OPPORTUNITY AT NEAR 96.68-97.00
SL : 97.23 OR WHEN THE RESISTANCE LEVEL IS BROKEN
TP 1 : 95.26
TP 2 : 94.13
Note
Another chance to short
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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.