(I have rewritten this idea because of a misspelling in the title of the previous one, Sorry for inconvenience!)
Today I was looking to the weekly charts of the pairs. For the USD counterparts, I saw that all (USD) pairs are placed in a bottleneck. A dilemma between breaking through the old trend-line or continuation of the trend!
Below I have depicted this point for the pairs, a long-term view for the USD.
In this situation, what is your prediction, who is the winner (share your thoughts and ideas)?
USD or the other currencies?
Today I was looking to the weekly charts of the pairs. For the USD counterparts, I saw that all (USD) pairs are placed in a bottleneck. A dilemma between breaking through the old trend-line or continuation of the trend!
Below I have depicted this point for the pairs, a long-term view for the USD.
In this situation, what is your prediction, who is the winner (share your thoughts and ideas)?
USD or the other currencies?
Note
AUDUSD:Note
EURUSD:Note
GBPUSD:Note
NZDUSD:Note
USDCAD:Note
USDCHF:Note
USDJPY:Note
Gold:Note
Silver:Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.