Dollar almost at capitulation mode?
- often we see broadening formation
- repetitive patterns since 2015 as price action continue to chop inside the range
- a potential support zone approaching but fail that then 100 weekly MA is the next support which coincide with the downtrend line
- Daily RSI is diverging heavily but price still adamant
- repetitive patterns since 2015 as price action continue to chop inside the range
- a potential support zone approaching but fail that then 100 weekly MA is the next support which coincide with the downtrend line
- Daily RSI is diverging heavily but price still adamant
Commentaire:
Capitulated and POW higher