The price of the dollar has been on a downtrend, showing signs of further downtrend continuation.
We could find a good entry for a short once a breakout of the yellow trend line is confirmed.
A breakout of the channel to the upside would indicate a change of character, invalidating the idea.
TP 1 - 133.633
TP 2 - 131.907
Stop trade at - 138.500
We could find a good entry for a short once a breakout of the yellow trend line is confirmed.
A breakout of the channel to the upside would indicate a change of character, invalidating the idea.
TP 1 - 133.633
TP 2 - 131.907
Stop trade at - 138.500