Lost support, headed down to the next one as the chart shows.
I was looking at this because I want to short Japan & Korea, but it's best to wait until the dollar stops tanking. Looks to me like it will hit support next Friday, probably on the usual Friday pump.
I was looking at this because I want to short Japan & Korea, but it's best to wait until the dollar stops tanking. Looks to me like it will hit support next Friday, probably on the usual Friday pump.
Note
I'm expecting the dollar to hit a new low. Zero interest rates, no reason to hold it.
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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.