U.S. Dollar IndexShort
USD Index; On the brink of breaking strong level
Ahead to the Non-farm Payroll this Friday, USD is weakening since no indication or market intervention for the price to shoot up. This leads to a further downtrend channel.
Theres few levels that might be significant to be monitored since USD is now bearish.
Strong level have been tested few times previously, and we expect the price to fake-break that level and retrace upward.
Keep in mind that major trend on lower TimeFrame is still strongly bearish.
TAYOR (Trade At Your Own Risk)
Theres few levels that might be significant to be monitored since USD is now bearish.
Strong level have been tested few times previously, and we expect the price to fake-break that level and retrace upward.
Keep in mind that major trend on lower TimeFrame is still strongly bearish.
TAYOR (Trade At Your Own Risk)
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