DXY extremely bullish now with a big daily candle close.
We can expect UCAD to test the resistance level shown 1.30000 which is a key level on daily.
So profit targets should be around that area with expectation of a head and shoulder forming on larger time frame.
Look for long entries on smaller time frame from the structure which was just broken (falling wedge)
Price tested 1.28215 but failed to break the higher low at 1.28000 and thus made a higher low indicating another up move.
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We can expect UCAD to test the resistance level shown 1.30000 which is a key level on daily.
So profit targets should be around that area with expectation of a head and shoulder forming on larger time frame.
Look for long entries on smaller time frame from the structure which was just broken (falling wedge)
Price tested 1.28215 but failed to break the higher low at 1.28000 and thus made a higher low indicating another up move.
Like follow and subscribe for more ;)