US DOLLAR - COT: BULLISH SENTIMENT // Interest Rate: 1.75% (last change – March 21, 2018)
W1: Consolidation bellow weekly suplly bullish engulfing candle
D1: Broken Treng line which has ben just retested. Will the market drop lower?
H4: Uptrend Absorbing demand zone.
Levels to watch:
Supply: 95.44 , 95.20,
Demand: 94.13, 93.40, 92.58
Dollar iis consolidating bellow weekly supply zone. Banks numbers are getiing more and more bullsih. I suspect that the supply zone will be absorbed soon. I wish to see drop to the weekly demand first, But question is if the force let it happend. Technicaly its possible. Numbers doesnt say so. However banks can go in the hedege. This will be very intersting how this will be played. Im very surprised how they moved that big uptrend almost in the negative numbers and now they are becaming bullish. Seem that strong USD will continue.
W1: Consolidation bellow weekly suplly bullish engulfing candle
D1: Broken Treng line which has ben just retested. Will the market drop lower?
H4: Uptrend Absorbing demand zone.
Levels to watch:
Supply: 95.44 , 95.20,
Demand: 94.13, 93.40, 92.58
Dollar iis consolidating bellow weekly supply zone. Banks numbers are getiing more and more bullsih. I suspect that the supply zone will be absorbed soon. I wish to see drop to the weekly demand first, But question is if the force let it happend. Technicaly its possible. Numbers doesnt say so. However banks can go in the hedege. This will be very intersting how this will be played. Im very surprised how they moved that big uptrend almost in the negative numbers and now they are becaming bullish. Seem that strong USD will continue.
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🎓 Mentoring www.fxhunterwealth.com/one-to-one-mentorship/
🔵Telegram - t.me/fxhunterwealh
