The last candles of the Daily Chart are clearly and show an exhaustion in the region of 1.10.
I believe the market was just waiting for the beginning of May and the results of the economic calendar to start a happy correction to 1.07500 region.
When I analyzed the DXY chart this morning, which is likely to test the top of a long triangle, I believe we will correct to 1.07500
This morning, when I studying the Dollar chart (DXY), is clear that we have strong support in the 101,000 region and probably we wil going to test the top of a long triangle.
Happy Short!
I believe the market was just waiting for the beginning of May and the results of the economic calendar to start a happy correction to 1.07500 region.
When I analyzed the DXY chart this morning, which is likely to test the top of a long triangle, I believe we will correct to 1.07500
This morning, when I studying the Dollar chart (DXY), is clear that we have strong support in the 101,000 region and probably we wil going to test the top of a long triangle.
Happy Short!
Trade active
Position opened at 1.10010target: 1.07500 region
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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.