The USD is continuing with its strong bullish momentum, its currently pulling back and there is a potential entry at the bounce of the trendline.
If it does break the TL and makes a flag, then it may look more bearish
If it does break the TL and makes a flag, then it may look more bearish
Note
Daily, much potential for an upsideNote
Its really having a hard time around the 886 area. If it can break the high we may see stronger bullish momentum
Note
Expect the consolidation to go on for a whileTrade closed: stop reached
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Retraced at the 618, if it breaks the previous high we can look for bullish momentumNote
potential for one more downNote
Had some pips when i went short on this, bigger picture is still bullish i believe. Lets see how price will react around the 116.30 area
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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.