FotiosDimitriou

USD Analysis

FotiosDimitriou Aggiornato   
TVC:DXY   Indice Dollaro americano
USD - Dollar is experiencing a lot of resistance in the zone as marked, so could drop from here. However, if it breaks this area, the next short price would be the QP 98.000. A lot of news for the dollar throughout next week so could be fairly unpredictable. There is also a bank holiday on Friday 3rd July. Overall, I am expecting the dollar to rise this week, which correlates with my future predictions on currency pairs that include the USD, however, due to a lot of news and some resistance shown at current price, my confidence on this is not so high (so there is a chance of drop).
Commento:
Seems to be experiencing more resistance at the point I highlighted.
Trade chiuso: obiettivo raggiunto:
Double Top off perfect resistance, at 200 EMA bounce.
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