Hello traders!
Please see our breakdown and opinion of the current Usd index.
Breakdown -
Price has been respecting this bullish dynamic support since late October and we have seen multiple tests of this area as it ascends.
We have identified what we think is some 4hr exhaustion in the orange box. It is also apparent from the daily time frame that may have ran out of steam and at the very least a correction is about to be forthcoming.
We have a bearish bias for the Usd Index for W/C 06/12.
There is some additional confluence factors we however would like to see : -
: - we would like to see price break and close below our ascending trend line.
: - we would like to see price retest our trend or our structure area.
Note the analyses from this index will be used to add confluence to any Usd currency pairs that we are monitoring next week.
Let me know in the comments below what your thoughts are on the Us Dollar just now and if you like the content and want to see more like this hit the follow button and give me a thumbs up!
The Fx Charist
Please see our breakdown and opinion of the current Usd index.
Breakdown -
Price has been respecting this bullish dynamic support since late October and we have seen multiple tests of this area as it ascends.
We have identified what we think is some 4hr exhaustion in the orange box. It is also apparent from the daily time frame that may have ran out of steam and at the very least a correction is about to be forthcoming.
We have a bearish bias for the Usd Index for W/C 06/12.
There is some additional confluence factors we however would like to see : -
: - we would like to see price break and close below our ascending trend line.
: - we would like to see price retest our trend or our structure area.
Note the analyses from this index will be used to add confluence to any Usd currency pairs that we are monitoring next week.
Let me know in the comments below what your thoughts are on the Us Dollar just now and if you like the content and want to see more like this hit the follow button and give me a thumbs up!
The Fx Charist
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해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
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.