W: Shows rejection at 95.00, 95.50. Undergo retracement. D: Closed bearish with momentum to the downside. Challenge 93.00 H4: Broke neckline. Interested to do short USD pairs if price retrace back to 94.20. TP1 at 93.40
Not recommended to enter at current closing price, 93.96.
Depending on momentum of a candle stick, we can see that 94.50 neckline has been broken. The next zone where price pushed up were at 93.40, that'll be TP1.
Disclaimer: Am not trading USDX. Merely using USDX as reference for USD pairs. Zones are drawn using supply and demand levels.
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