Lower timeframe full analysis will also be done but wanted to highlight this. Can see multiple wick rejections off this strong weekly resistance on the dollar. Remember price action is king.
What are we seeing? 3 dojis! And the last one was a bearish doji.
Also note the double bottom, has now fully played out so this could be where the dollar goes bearish.
Also note the COVID swing high to low has the 61.8 fib just above this.
All this from the weekly.
What are we seeing? 3 dojis! And the last one was a bearish doji.
Also note the double bottom, has now fully played out so this could be where the dollar goes bearish.
Also note the COVID swing high to low has the 61.8 fib just above this.
All this from the weekly.