Great day for Dollar bulls
Unemployment rate beating expectation - 8.4% vs 9.4% expected (0.1%)
Dollar breaking out of wedge
A retest of 93 .06 or previous resistance on the wedge would be an ideal place for re-entry on dollar positions
Key resistance on 93.2 area from 2015 lows
Unemployment rate beating expectation - 8.4% vs 9.4% expected (0.1%)
Dollar breaking out of wedge
A retest of 93 .06 or previous resistance on the wedge would be an ideal place for re-entry on dollar positions
Key resistance on 93.2 area from 2015 lows
Trade closed: target reached:
After significant consolidation, the expected risk-off momentum heading into November has finally enabled a successfully closed trade.
After significant consolidation, the expected risk-off momentum heading into November has finally enabled a successfully closed trade.