Now, we are at an inflection point looking at the chart. You can see that it has broken down from the 1.19 support level. Tonight closing will determine if this is a false breakdown trapping the early bears OR it will break out from the support turn resistance level and shoot up higher.
Conversely, the DXY chart also mirrors the same pattern as well. You can see it has break out of the 91 resistance level and will it continue to go higher or starts to break down from here ?
I will probably wait for 1.19651 as confirmation before going long on EURUSD.
Conversely, the DXY chart also mirrors the same pattern as well. You can see it has break out of the 91 resistance level and will it continue to go higher or starts to break down from here ?
I will probably wait for 1.19651 as confirmation before going long on EURUSD.
Comment:
www.reuters.com...t-idUSKBN2BW031?il=0
Comment:
added some, if break above resistance will buy more
Comment:
Praise Lord