As what has been drawn on the chart, so far we have overshoot the support. and we have a lower support which is way lower on Mar, while we still having a decent channeling downtrend on smaller TF (H4 and lower)
Simple View :
Bias on short. as major trend is currently on Bearish.
Eyeing for long as if Overshoot support could be a good opportunity to go long.
Simple View :
Bias on short. as major trend is currently on Bearish.
Eyeing for long as if Overshoot support could be a good opportunity to go long.
Note
excuse me if the chart looks to small., I was working on smaller monitor at the moment xD, try drag the time axis so you can zoom in and you'll find the support zone, it should be around lvl of 96.00 (current price) and the lowest zone should be 95.00Note
Price now has successfully over shoot support on Mar 2020 with bearish bias Note
it's Thursday, seem the Dollar Index is having a rough time going bull even with the FOMC meeting
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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.