Now everyone hate USD.
I think it "may" be priming for short covering rally. It may not be a start of uptrend but at least a possible swing back.
I expect the region near 1.24 will be highly defended.
If you have play weakness of USD, try looking other pairs.. not USD/CAD
Possible Swing up from that level. Wait for it. IF you ever take any Long position, it will be considered
Let's see and trade Safe.
s0nic
Disclaimer :
This analysis not include personal feeling/opinion, and pure base on technical analysis
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.
please inform me with post a comment if it reach some critical point/break pattern, reach target/reach stop level.
or if there is any question about this analysis/need new update.
Because I'm not monitoring this chart all time.
노트
This trail is burning..awesome.Telegram: t.me/sonictraders
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면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
