As we all know, the US dollar has risen during the morning. I guess most of the traders are waiting for signals or proofs for the resistance point.
Now, the price broke out from the upper band of the Bollinger Bands, so it faced pressure here. As can be seen, the price bounced back a little bit.
We cannot see any signal now from MACD, because the MACD is a lagging indicator.
The RSI already started to go down.
Let’s expect the price to go down.
Now, the price broke out from the upper band of the Bollinger Bands, so it faced pressure here. As can be seen, the price bounced back a little bit.
We cannot see any signal now from MACD, because the MACD is a lagging indicator.
The RSI already started to go down.
Let’s expect the price to go down.