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TradingShot
May 16, 2022 6:08 PM

USDDKK Two spots for a comfortable long-term buy 

U.S. DOLLAR / DANISH KRONEICE

Description

The USDDKK pair has been trading within a Channel Up for more than 1 year. The recent 1D RSI sequence points to a medium-term top. Long-term buyers can either enter on the 1D MA50 (blue trend-line) on a tight stop loss and if triggered wait for the final buy on the 1D MA200 (orange trend-line), which buy the time will be on the Higher Lows (bottom) of the Channel Up.


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Comments
DeGRAM
Thank you for sharing. Interesting view!
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