As the US government shudtown started along with DXY's bullish trend is continuing except past weeks, needed pullback. with price formed a weekly pin par, which could bring early this week price to further down and, which may approach the most confluenced point of 99.15 which is the previous reistance turn support leading a possible buy zone for trend continuation.
Aligning 3 high confluence of
1. Trend line
2. Resistance turns support and
3. weekly low
upon price action rejection, and reversal confirmation to bullish it is a probability bullish market.
Aligning 3 high confluence of
1. Trend line
2. Resistance turns support and
3. weekly low
upon price action rejection, and reversal confirmation to bullish it is a probability bullish market.
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Disclaimer
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.
