I am awaiting the current USD weakening to fade out. The USD is at areas where buying it is attractive. Strong USD bullish divergence in all USD pairs monitored.
Levels to look out for is 1.1350, 1.1397 and 1.1482. There is a possibility that the latter will be tested before a very LARGE down movement begins.
As always, trade with care. Do not try to sell from the top, patience is "gold".
Levels to look out for is 1.1350, 1.1397 and 1.1482. There is a possibility that the latter will be tested before a very LARGE down movement begins.
As always, trade with care. Do not try to sell from the top, patience is "gold".
Comment:
Keeping the bullish outlook for USD the coming week as well, awaiting a bigger move beyond the intraweek timehorizon.