Time to Buy
US Dollar Index just broke with power a critical monthly resistance totally reversing the bearish trend it has been following in the last months. We may see small retest but it will only serve to confirm the beginning of a bullish trend. Therefore, it is a good moment to buy putting the SL just under the minimum of the last session and the TP above the last resistance. With this position we should catch the new bullish trend.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.