A horizontal resistance ,is well and clear seen in the 4hr chat , that becimes an where there are so amny rejections tgat the market will rise towards ther high levels to nearest or above existing high high ( HH) .trade smart be wise .the newzealand dollar is seen to gain more strength ,compare the NZDCHF chart ...
HORIZONTAL RESISTANCE , the chart runs towards the support that will be a turning point for bearish move
In relation to DXY which is approaching a horizontal restannce and GOLD 4hr forecast , the rising channel(upward channel) is seen shavenning ever since dollar index is weak , also HEAD and SHOULDER pattern are to be seen clearly on H4 TIME FRAME ., this might work well even for an NFP head us , trade smart cath all the move of the chat eat allthe pips ...
The DXY move 2nd update since when it was last time updated an aggressive move from the horizontal support approaches the horizontal resistance , expecting the downfall for the dollar dollar index specifically fall in usdxxx pairs and rise on the xxxusd pairs watch this out .this will work nicely for the swingers and day traders in some extent
Motion from horizontal rezistance after a long bearish motion ..
A horizontal resistance , the bears givez more strength for dxy go short
The chart has seen moving from a down ttend towars a horizontal resistance ,herrnis where the pullback begins to the trendline ..