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rob_WRLD_
May 29, 2023 4:10 AM

USD Upside Potential Long

U.S. Dollar Currency IndexTVC

Description

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Hey Traders! 👋

For Day 18/100 of our challenge, we will look at USD upside potential this week.

Won't be doing a pair today to take it easy on a bank holiday.

Looking at the weekly chart, we see 101 held as a strong support with 3 weeks of bullish price action.

This week, we expect it to continue towards resistance at 105.3.

If we do confirm a bullish fundamental environment tomorrow, USD longs are still looking good similar to last week.

Enjoy your holiday! See you tomorrow.
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