Wednesday, March 14

USD Index broke out

The USD Index finally broke out today rejecting early sellers (refer to Monday, March 12 post). Price is above 80 level which is a good news for the bulls. It looks like price action on buck might have enough energy for an up move until 81.50 the next swing high. We shall soon see, follow through is key.


A minute or so ago I've closed my intraday long on EURNZD for -12 Pips that long red candle does not feel good. Take it out now before it gets deep.


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