IF DXY finds previous support, trend resistance AND closes above the 96.12 level on the day chart, THEN a long position will be taken. If DXY does not find support and closes below past trend resistance, THEN a short position will be taken. Happy Trading
GBPUSD has broken long term support 1.4700 This creates a nice short opportunity Happy Trading!
EURCAD just broke Major trend resistance that has been forming since September 2014 Verdict: SHORT Good Luck Everyone!
In trading it is important to maximize the effectiveness of your trades and EURUSD may present an excellent shorting opportunity in the week to come. Leave your comments if you have any and happy trading.
Predicted movements of AUDUSD with an overall short trend in the coming month