USDOLLAR -
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Price found resistance yesterday, and seems to be giving
us a bearish cs formation again this morning. This will signal a move lower. A
violation of 10.193 will open the upside
to further dollar rallies.
FOR TODAY:
Another clear bearish rejection while inside yesterdays highs or even 10.193 will
initiate a short trade setup. A violation of of 10.193 will open the upside and
give us a new AB swing.
If we don’t get
the setup we are looking for then we don’t trade.
SHORT: Will be
going short only IF:
We have another bearish cs formation indicating a move
lower down into the swing.
If we don’t get the set-up we are looking for then we
don’t trade.
LONG: Will be
going long today only IF:
No long trade setups at present. A violation of 10.193 opens the upside and
gives us a new AB swing.
If we don’t get the setup we are looking for then we
don’t trade.
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