The weekly chart closed bearish on the USD index and that sentiment is likely to continue with seasonality favoring shorts also.
The 4hr chart shows price working within a wedge pattern, and we expect the price to re-test the upper resistance of the pattern before
seeing further downside. We will be looking at bearish price action at $97.00 to short the USD across the major currencies, especially
GBPUSD, EURUSD and AUDUSD.
The 4hr chart shows price working within a wedge pattern, and we expect the price to re-test the upper resistance of the pattern before
seeing further downside. We will be looking at bearish price action at $97.00 to short the USD across the major currencies, especially
GBPUSD, EURUSD and AUDUSD.
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