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U.S. DOLLAR / BRENT CRUDE OIL
Short

CORRECTIVE TIME FOR USDBRO?

By mymonymakr
Updated
USDBRO already meet the High or April 2019. Common and classic price action characteristic is whenever the price meet support or resistance area, the pause and change of price could be occurred.

In the smaller timeframe (H4) there's and indication of price reversal as a secondary movement. So, with this simple and basic technical analysis I expect a downward movement on USDBRO for at least one week ahead,
Trade closed: target reached
Trend Analysis
mymonymakr

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