rushd.bitar

rushd.bitar

Strong rejection forces price down to lower levels

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Expected breakout this week for AUDUSD

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Previously, I have published idea thank you can see below this chart Although NZD is strong, it's still a little bit weaker than GBP. The rising widge on daily and H4 time frames shows the possibility of breakout this week

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NZD seems to be strong too this year. Price seems to reject going down. Expected to retest resistance and breakout.

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GBP is already in an uptrend. Now affected by weak USD would drive GBPUSD up to 1.4 at least

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Last week USD index $DXY went up fast and everybody thought the dolar is doing well until it failed to reach the bull channel. It pulled back fast showing how weak it is. The weakness of USD can drive EURUSD to test 1.23

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NZD is weak helps break the resistance

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Weak USD helps EUR/USD recover

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<3

rushd.bitar

USD is weak.. waiting for reversal and watching for breakout