Hey everyone. Back with another mark up!
This is what I'm seeing for the DXY for this week Sept. 9-14, 2018.
Following a strong push up on Friday 9/7 with the release of NFP data, I see the DXY continuing its uptrend towards the 96.00 region.
96.00 just so happens to be a 61% retracement from the drop that first began on August 15, 2018.
As you can see we...
This will be the first of many markups...
I'm looking at EURJPY 0.67% on the 4hr...
I see a clear downtrend with 3 touches of the trend line ...
Price retraced up to the 71% level perfectly and closed the week on a bearish candle... (Not engulfing but I'm convinced she's running out of steam)
I see price dropping to the 61% region before double topping and...
This will be the first of many markups...
I'm looking at EURJPY on the 4hr...
I see a clear downtrend with 3 touches of the trend line...
Price retraced up to the 71% level perfectly and closed the week on a bearish candle... (Not engulfing but I'm convinced she's running out of steam)
I see price dropping to the 61% region before double topping and retesting...