As the market closes above our resistance zone a few days ago, I predicted the market would go continue it’s downward direction before possibly bounce back down.
The market then gives a bearish signal, so I pointed out a level that has been tested multiple times as strong support and resistance.
The market went a bit more than expected but then it bounces up again.
With DXY falling, I am expecting the market to continue it’s upward move.
You can look for possible shorting opportunities on the next resistance zone.
That’s my analysis for this pair. Let me know what you think down in the comments! 😁
If you liked this analysis, please give it a thumbs up! 👍🏻
At the of the day, you have to trust and use your own analysis. Enter with your own specific entry reasons. Don’t forget your Risk Management.
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.