The dollar had a turbulent week last due to stronger than expected US CPI and PPI prints along with hawkish sentiments from the Fed’s mouthpieces. This saw the DXY swing in a wide range between 102.586 and 104.727 before ultimately closing the week roughly 0.4% higher at 103.884. The neckline from the 2022 uptrend along with the blue 50% Fibo retracement level at...
Hello Traders
Here is a new SELL Scenario, i expect this scenario starting end of the month of october, Most likely scenario is a reversal around that level.
Federal Reserve 'on track' for tapering asset purchases.
For a longer term, it can reach 1.15 and 1.14 for a quarter if you are patient.
💹EUR/USD SELL STOP
✅ Entry @1.17300 or below (Best Scenario, It...
Ill update this trade regularly just incase it no longer valid!
- Price respecting the trendline pretty well
- Inversed Head & Shoulders pattern on the H1
-Price broke out support and yet to be tested.
