We have seen the US dollar got strengthened in the past few weeks.
In higher time frames (Weekly & Daily), we see more bullish pressure and there are bullish candles with higher highs.
In 4H time frame, price is above the last week’s high (92.850) and is bouncing between the dynamic support & resistance levels.
I expect a rise to 93.200 which is the last month’s high and also a resistance barrier, and if price could break this level to the upside, we can expect more rise to 93.400 - 93.450 which is a major pivot.
Otherwise, if 93.200 didn’t broken out, we might see a reverse on price.
In higher time frames (Weekly & Daily), we see more bullish pressure and there are bullish candles with higher highs.
In 4H time frame, price is above the last week’s high (92.850) and is bouncing between the dynamic support & resistance levels.
I expect a rise to 93.200 which is the last month’s high and also a resistance barrier, and if price could break this level to the upside, we can expect more rise to 93.400 - 93.450 which is a major pivot.
Otherwise, if 93.200 didn’t broken out, we might see a reverse on price.
Join My Telegram Channel:
t.me/Tradia_Channel
Follow My Instagram:
Mahtab_Tradia
My YouTube Channel:
youtube.com/channel/UCLVMX3VGgdo8d02jF99SihQ
t.me/Tradia_Channel
Follow My Instagram:
Mahtab_Tradia
My YouTube Channel:
youtube.com/channel/UCLVMX3VGgdo8d02jF99SihQ