During November 2016 the U.S Dollar broke out and closed above an extremely important resistance level and since then price has returned to that exact level, raising a lot of questions in terms of analysis going forward.
Straight away you can see price was been stuck in consolidation since the beginning of 2015. Testing support and resistance multiple times within that 2 year time period, struggling to breakout until November!
Now that we are trading above the resistance level and 200 EMA I would consider a bullish U.S Dollar short term... Pay close attention to this price structure throughout 2017.
Straight away you can see price was been stuck in consolidation since the beginning of 2015. Testing support and resistance multiple times within that 2 year time period, struggling to breakout until November!
Now that we are trading above the resistance level and 200 EMA I would consider a bullish U.S Dollar short term... Pay close attention to this price structure throughout 2017.
📈 Master the Art and Science of Trading: sixfigurecapital.com
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📈 Master the Art and Science of Trading: sixfigurecapital.com
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.