What's next for the dollar?
Updated
Bullish move which has started at 89 level is heading to its ultimate target which is 95.50
Price is heavily overbought and a correction might take place.
In stead of trying to capture the correction, it is safer to wait for the correction to complete and take the long.
We will be watching a profit taking move towards 92.6
Final target will be 95.50
Good Luck.
Price is heavily overbought and a correction might take place.
In stead of trying to capture the correction, it is safer to wait for the correction to complete and take the long.
We will be watching a profit taking move towards 92.6
Final target will be 95.50
Good Luck.
Comment
92.60 confirmed as new support, heading towards 94Comment
Reached 94.06 for the first target. We are expecting a correction and continuationTrade closed: target reached
Tagged 95.00 and we took our second target. Final target will be 95.50 if price decides to get there.Trade closed: target reached
Price has reached final target of 95.50. We're expecting a relief and some profit taking. Price action in this zone will set light to our future dollar trades. Cheers.
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