The dollar looks bullish and after the bullish engulfing variation on the weekly will lead to a further push to upper monthly reaction zone
Daily
-we might see a retracement of the dollar to the daily reaction zone before it pushes to the upside in confluence with the ascending trendline
H4
-what looks like a head and shoulder formation may show dollar retracement before pushing up
Daily
-we might see a retracement of the dollar to the daily reaction zone before it pushes to the upside in confluence with the ascending trendline
H4
-what looks like a head and shoulder formation may show dollar retracement before pushing up
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.