Forex US Dollar Chart Setup Shows Reversal Warning Signs


Forex US Dollar Chart Setup Shows Reversal Warning Signs


A further push above that aims for the 150% level at 10413. High Rollover rates and like geographical locations cause them to often trade alike against other currencies. Because of this the pair is not extremely affected by global factors or trends but instead reacts more to changes in the Forfx economies. The setup Reveral a move lower is ahead, with negative RSI divergence reinforcing the case for a downside scenario. Near-term support is at 10248, the 100% Fib, with a break below that exposing rising channel resistance-turned-support at 10221.Daily Chart - Created Using FXCM Marketscope 2.




Forex US Dollar Chart Setup Shows Reversal Warning Signs

Forex US Dollar Chart Setup Shows Reversal Warning Signs

Forex US Dollar Chart Setup Shows Reversal Warning Signs



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