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Hello Traders
-Dollar Price is on Decision area.
-FOMC will decide the next Direction for Dollar Index
"If the market show any rejection Bullish Priceaction
on the weekly or Daily Time Frame, Then we are going
to see next Resistance area"
&
"If the market price breaks this strong support zone
and close below then we are going to see more bearish
until next support"
-Dollar Price is on Decision area.
-FOMC will decide the next Direction for Dollar Index
"If the market show any rejection Bullish Priceaction
on the weekly or Daily Time Frame, Then we are going
to see next Resistance area"
&
"If the market price breaks this strong support zone
and close below then we are going to see more bearish
until next support"
Comment:
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Comments
If they begin to print the stimulus checks again up we go as a "pullback" but down the dollar goes long term. My analysis from a year ago around this time....
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@AschraM, the same analysis i were have, now the market is @ strong levels, lets share the updated outlook. if you have.
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@MrForex_Global, ill drop a new one as soon as we get word on when those print machines go back online and they prints those checks.. lol...bearish until 93ish to as low as 92.66 Thats where I think we will pull back up. If the EU gets things under control as well as the Feds and Treasury then we could very well recover quickly and the dollar will head to as high as 115 (But first we could see some ranging here between 90 and 100 and it creating an upside down H&S type pattern over time..
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