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GrizzlyBearBee

Head and shoulders may be forming

Long
U.S. DOLLAR / NORWEGIAN KRONE (FX_IDC:USDNOK)  
GrizzlyBearBee  
FX_IDC:USDNOK   U.S. DOLLAR / NORWEGIAN KRONE
Trend Analysis Chart Patterns Beyond Technical Analysis Technical Analysis uselections2020 safehaven Oil
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trendanalysis chartpattern beyondta technicalanalysis uselections2020 safehaven oil
I'm expecting DXY strength in the next few days with stimulus hopes before elections in the US fall. The YM1!, NQ1! & ES1! are struggling to hold on to a critical support level and if they breach the supports, further downside will lead for more DXY demand
ES1! ->
snapshot
YM1! - >
snapshot
NQ1! ->
snapshot

Parts of Europe are heading for lockdowns with some countries have already implemented lockdowns. The demand for the oil linked currency will be low as movement becomes more restricted.

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