zoedian

USD Broke out of bull range, GBP/USD Bull run

TVC:DXY   U.S. Dollar Index
Simply analysis of USD break out pattern, multiple support killed after NFP data.
Speculations that fed would remain its position since a high number of households remain supported by capital injection and higher unemployment.
On GBP side, 1D stochastic has committed to uptrend and broke the downtrend after clearing 1.38000 resistance last night, expect it to correct to 1.38100 for buy opportunity.
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