I believe due to printing money by U.S GOV and high spend which will result in inflation, the Dollar is getting weaker and weaker. based on the chart, it's a great time to buy and hold it for long term. There has been double bottom formed in Bullish - Descending channel. the neck is broken and will most likely go bullish.it's the best to invest and hold the...
It seems it's coming back down to test 0.7470 and bounce back up to continue Bullish move. COT data shows CAD is increasing in Bull and CHF is decreasing Bull which means the pair will continue its Bullish move for big traders and backs.
i just let you watch the video. It is absolutely fascinating Fibs. confluences. Two retracements and one extension lined up amazingly.
Please and Please give me your feed back.
On daily, in is uptrending nice ly. just finished a double bottom and neck is broken. This may continue up to 1.0 Fib. extension.
we will have Bulls dancing for a while. lol
Let me know what you think?