If the resistance holds then swing SELL it. If not its breakout.
The USD had been gaining so much power for the last two weeks due to the Corona virus. Traders puts their money onto USD for safe keeping but for how long does this going to happen?
It depends on the situation. It is safe to assume that the USD would enter the exhaustion period before it enters into another trendline.
So for now, if the resistance holds, then its safe to assume that the USD might want to step back for a little.
It depends on the situation. It is safe to assume that the USD would enter the exhaustion period before it enters into another trendline.
So for now, if the resistance holds, then its safe to assume that the USD might want to step back for a little.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.