Tuesday, July 28, 2015

US Dollar Weekly from 27 July to 31 July






The Dollar resumed rising since June 2014 and made an pullback on May 2015. Instead of making new high, the Dollar respected 78.6% Fibonacci Retracement nicely. On the second test, Buyer was trying to push price higher and ended up with doji with churning volume. Watch confirmation line for anticipation Short Entry. Another confirmation is the breakdown the blue trendline. Vice versus if price breakout, Long anticipation.

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