USD moved up with upside bias last week,but not a lot..what now?

13 окт.

Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.

Last week, we mentioned that likely USD has more upside. It did climb higher and i did have some longs on Usdjpy and it was decent.

Current level put USD at last daily chart consolidation area,which also happen to be flip zone in the past (refer to chart).
Breaking up is still possible but looking at the almost 3% push up the last 2 weeks, there could be chance that usd correct too. This can be seen on Eurusd,gbpusd and its majors too. Let's watch and act accordingly.




Do check out my recorded video (in trading ideas) for the week to have more explanation in place.
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The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
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