Symbol - USDTHB
USDTHB is currently trading at 37.064
I'm seeing a trading opportunity on sell side.
Shorting USDTHB pair at CMP 37.064
I will be adding more if 37.400 comes & will hold with SL of 37.620
Targets I'm expecting are 36.400 - 36.000
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position....
USDTHB is at an important resistance level. The resistance is formed since 2017 and if that broken, it may lead the path towards 33. With rising USD index, increase in crude prices and higher US inflation, will we see the breach of the trend this time? Keep a close watch.