Expecting a turn around because we have reached a major support and the pair is oversold in 1 and 4hrs including daily.
IF we manage to break 1.26, we might got as low as 1.24 and turn there, it all depends on much steam DXY has.
DXY has also hit a major resistance and its overbought in my time frames.
IF we manage to break 1.26, we might got as low as 1.24 and turn there, it all depends on much steam DXY has.
DXY has also hit a major resistance and its overbought in my time frames.
Trade closed: target reached
closing half of the positionTrade closed: target reached
closing everything, good trade.
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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.