20230109: USDOLLAR Long Term Trend
Updated
USDOLLARMonthly Chart:
Weekly Chart:
Daily Chart:
USDOLLAR price action has been dropping since Q4 2022.
It has reached the first support zone on monthly chart.
I am waiting for the price to consolidate further and determine the direction.
Comment
In order to consolidate, the weekly chart will need to show some signs of weakening price action at a range.
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.