What I'm looking at - Last week USD Bulls was able to find momentum until price re-tested The 4hour R1, 0.5% Fib Level & Trend-line which it failed to break. Since Then Price has rejected from that respected level, how ever i'm personally not convinced yet on shorting the dollar (not yet anyways) due to lack of bearish momentum, I will be using this map to watch closely on how USD will play out
Note
USDOLLAR - False Breakout, broke trendline but failed to break r1 and rejected 0.5%Note
USD may have found support Note
Level held as support and I'm current in some long dollar positions such as GU shorts, & EU ShortsNote
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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.