The price of the dollar has been on a downtrend, showing signs of further downtrend continuation.
We could find a good entry for a short once a breakout of the yellow trend line is confirmed.
A breakout of the channel to the upside would indicate a change of character, invalidating the idea.
TP 1 - 133.633
TP 2 - 131.907
Stop trade at - 138.500
We could find a good entry for a short once a breakout of the yellow trend line is confirmed.
A breakout of the channel to the upside would indicate a change of character, invalidating the idea.
TP 1 - 133.633
TP 2 - 131.907
Stop trade at - 138.500
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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.