Looking for continuation short and potential test of .618 level.
Looking for price to continue down to retest the .5 and potentially .618 levels.
Am watching for a retest of support around 1.60 if current level is broken.
Price has tested, and has so far been rejected by, resistance around 87.50. Am watching for a potential continuation short to retest lower weekly trend line.
Price has found support and am looking for a retest of resistance around 103.50 with a potential break to the upside and retest of the upper weekly trend line around 105.
Price has been rejected at resistance twice and formed a double top. Am looking for a retest of support along the lower weekly trendline.
Price has been rejected by the upper trend line on the daily. Am looking for price to potentially retest the lower weekly trend line around .6750 - .6800
Am watching for a retest of the upper sloping trend line. Divergence on RSI.
Am looking for a solid pullback before a potential long to retest resistance.
Given the current DXY strength I am looking for price to test the sloping TL around .6920 and potentially long from here. If price breaks this .6920 level I will then watch for a test of the lower weekly Trend Line around .6750 and a bounce from this level back up to test the .7250 area.
Price broke the rising TL but has not properly retested it. So now that price has broken out of the current falling TL I am looking for a retest of resistance at 103.60 with potential for significant fall to follow.
Price is again testing resistance around 85.70 level. Am looking for retest around 86.08 which is the 61.8 level before a potential continuation down.
Price has been testing resistance for some time. If it breaks then am looking for retest of upper weekly TL before a potential short. Alternatively, a retest of the rising TL on the 4 hr with potential break to the downside.
Given the ongoing strength of the USD prior to FOMC, I anticipate NU falling to retest support at .7000. However, assuming the hike has pretty much been priced in, I am expecting the USD to fall once the rate hike is announced and for NU to rise and retest the upper trendline of the channel it is currently in.
The DXY has a little further room to move up before touching the monthly upper trend line and potentially heading back down.
Am looking for price to retrace to the 61.8 level, where the lower trendline is also located, before continuing up towards 1.30.