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USDCHF 4H chart also suggests that EU has some space to go down as we getting to the rate increase. Fourteen days left?
The USD dollar index for much of the session, had been on the trunk against its major counterparts after falling through the 89.00 digit, potentially setting another retest around crucial support at 88.25-30. However, the USD dollar index failed to ch a late bid to create a return above 89.00.
Option expiries of notice for the 15:00 GMT.
None of significance nearby price action.
Now is US Presidents Day holiday so expect volumes to be light since most of US markets are closed or have an early close today.
Still bearish with this currency pair due to last Friday's bearish engulfing pattern and is developing a possible double top pattern together with the base at 1.2205, it's a capability to drop 334 pips below it with a goal at 1.1870.
There is a solid support at 1.24.Originally Posted by ;
I think we may go up.
Later in the week will clean direction.
No doubt you've spent years and'm sure the strain of your en devour is devastating at times ,,, been years of the same outcomes, bigger motions seem to find you on the wrong ending ,, magic formula maybe not magic at even if it leaves you holding the bag time after time when bigger moves occur with you having to go back and refigure and redo everything. At any rate want you the best in everything you do guy.Originally Posted by ;
LOL.Originally Posted by ;
So true. Feels like that's who I'm speaking to this on FF. There is literally 4 threads of any material out of 1000s.