The price can be affected by two things here.
1. The trend-line which is broken and is retesting.
2. The Ascending triangle which is not broken yet.
we have to wait to see how the market reacts in a few hours, and then we can decide what to do.
Good luck and stay safe!
There are two scenarios here, a break up or down.
The chances are we see a bullish brake-out and an opportunity to go long. Not only we have an ascending triangle, we also have a broken
trend line which adds more valuation for the bullish break.
We have to wait and see how the market reacts.
Good luck and stay safe !
DXY has to show who's the boss in the coming days.
From a technical standpoint we have a key resistance waiting to be tested again and a trend line waiting to continue it's way up. Who wins the clash? can't tell!
Apart from the chart we have some important news considering Dollar in Thursday. The "Fed Speech" and the "Jackson Hole Symposium" which can impact the...
Hello beautiful people ,
The price has recently broke the resistance and I think is going for a retest.
in my opinion the overall movement is most likely bullish, though it can come down a bit towards the second resistance which works as a support now.
Hello Beautiful People,
price couldn't break the key support level.
it's most likely that it will rise and break the resistance since it's in a legit uptrend, but it's also possible that it swings in between the two.
we'll have to wait and see what happens next!