Hi,
for a long time, here at Land Of Trading we were USD bulls. The Price Action of the last two weeks on DX showing some signs of possible consolidation or even deeper pullback.
What bulls need to do ?
Quickly take out supply ( and close above it on weekly chart ) visible on the chart below.
We don't change the medium term view yet but cautios is needed!
Also, please check EURUSD and USDCAD charts below ( description on the chart ):
DX Weekly:
Please don't hesitate to contact Us should you have additional questions.for a long time, here at Land Of Trading we were USD bulls. The Price Action of the last two weeks on DX showing some signs of possible consolidation or even deeper pullback.
What bulls need to do ?
Quickly take out supply ( and close above it on weekly chart ) visible on the chart below.
We don't change the medium term view yet but cautios is needed!
Also, please check EURUSD and USDCAD charts below ( description on the chart ):
DX Weekly:
EURUSD Weekly:
USDCAD Weekly:
We are here to help you, just contact us at: landoftradingATgmailDOTcom.
Happy Trading
Mr Price Action
DISCLAIMER: This material was created for informational purposes only and represents the Land of Trading team’s view of the past and current economic and capital market environment. It is not an investment advice and should not be viewed that way at all, and the creators of this material cannot be held liable for any potential losses resulting from trading, where despite this disclaimer someone would consider this material as an investment advice. All rights reserved ©2016. Contact: landoftradingATgmailDOTcom, Blog: landoftrading.blogspot.com
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