I'm bullish the dollar against everything save the Franc and Yen, though I think the Franc will give up ground within the next couple of weeks IF what looks like a preliminary Dollar rally holds. For now, watching this tight range. If demand levels hold, I'll be looking for a long entry with an initial target in the area of the Fib extension (green rectangle).
Trade active
Last Friday I pointed out that I thought the Franc would yield up some turf to the Dollar, which seems to be the case this week. Right now the Dollar is testing recent supply area. Need to draw in a new support trendline. I'm currently LONG from 0.93878 with Target 1 @ 0.97275
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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.