USDX: The break of the down Outer Trend Line on the Weekly

Tian Kriek

Analyst


April 29, 2021 05:10 AM

BEARISH

Daily Trading Range: N/A
USDX: The break of the down Outer Trend Line on the Weekly chart was confirmed and therefore I expect the USD Index to continue to strengthen. There is an UP ABCD swing on the Daily chart and the counter trend line was broken. Get this chart and analysis for free. Copy and Paste the following link in your browser: https://smarttrader.com/charts/tkriek/aod-ny-workspaces-29-apr/

Daily Chart

Daily Chart

Daily Support and Resistance

Resistance 3: 12.2580
Resistance 2: 12.0000
Resistance 1: 11.8000
Current Price 11.7410
Support 1: 11.7300
Support 2: 11.3330
Support 3: 11.0000

Two Hour Chart

Two Hour Chart
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