Warunki handlowe
Narzędzia
USDX is finding dynamic support above the 200 SMA, but the overall structure is bearish, as the price action is favoring the lower low pattern formations on a short-term basis. A breakout below the 94.40 level will expose the Index towards the 94.08 price level. However, a rebound at the current stage will push the Index higher toward the 95.21 level.
H1 chart's resistance levels: 94.85 / 95.21
H1 chart's support levels: 94.85 / 94.40
Trading recommendations for today: Based on the H1 chart, place sell (short) orders only if the USD Index breaks with a bearish candlestick; the support level is at 94.40, take profit is at 94.08, and stop loss is at 94.72.
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