In the beginning of this week, I talk about double top patterns and the reaction USDollar this week,. Indeed, it reacted exactly what I expect.
USDollar test the convergence point of SMA50 + SM100
It is also a strong support at 96.25
And this point is near Kumo cloud.
All aspects create a strong support where I expect USDollar would bounce from this level.
USDollar test the convergence point of SMA50 + SM100
It is also a strong support at 96.25
And this point is near Kumo cloud.
All aspects create a strong support where I expect USDollar would bounce from this level.