Dollar has shown a great volatility in terms of sharp and strong movements in the last few years, this instrument defiantly have a lot to prove to us before we change our long term view from Bearish to Bullish.
Primary Count: Tracking the move from Jul 23 as an incomplete correction, missing one more leg higher towards the 108.28-110.36 area before the next drop occurs.
Alternate Count: Consider the correction as already completed and anticipate a further decline of the US Dollar until the elections later this year.
For next few weeks, we want to be more bullish in any case and see how market will react from 105.00 but let's see...
Primary Count: Tracking the move from Jul 23 as an incomplete correction, missing one more leg higher towards the 108.28-110.36 area before the next drop occurs.
Alternate Count: Consider the correction as already completed and anticipate a further decline of the US Dollar until the elections later this year.
For next few weeks, we want to be more bullish in any case and see how market will react from 105.00 but let's see...
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.