I've been waiting for the dollar to die for a while. Take a look at what is going on in the news and based on WHAT I BELIEVE the dollar is going on a bearish run. On this chart I don't have the channels or monthly levels featured but I do have the dollar broken out of a bullish channel. It's also sitting at a monthly S/R zone. I'm expecting it to break thru and push further lower. Maybe a slight pullback this week and splash water falls from there.
I'd like to see price gradually drop to 92.45ish area and reset before a continued drop to 89.44ish where another monthly zone is sitting. If I'm being honest with myself I don't care how far it goes down I just need it to die. I'm also bullish on XXX/USD pairs so that also plays into why I feel the dollar will go down.
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.