The US dollar has been on a bearish trend for most the recent months, with an over-waited push to the upside created last week, forcing he dollar to evidently create its first HH and HL in a while. However, on the look for a short to its original key level 104.38 for perhaps a breakout or retest to the upside. Key factors: - Clear lower high formed at the 61.80%...
Looking for a long position off the 1.6759 zone. Key factors: - Price respecting and bouncing off key level - 78.60% retracement level being respected - MACD showing continuation of uptrend with new histogram being formed and lines crossing to the upside - RSI has shifted to an up position indicating increase in strength - The beginning of a bullish pin-bar...
Looking for a long position off the 1.6759 zone. Key factors: - Price respecting and bouncing off key level - 78.60% retracement level being respected - MACD showing continuation of uptrend with new histogram being formed and lines crossing to the upside - RSI has shifted to an up position indicating increase in strength - The beginning of a bullish pin-bar...