USD INDEX Analysis 30/6/19

29 Haz 2019

H4 chart



D1 chart



29/6/19

Weekly still bullish trend until price break the weekly support line (black), candle close doji, potential higher retracement for daily.

Daily bearish trend, currently rebounce from Daily support.

H4 sideway movement after big bearish movement & retrace from daily support area.

BIAS still bearish movement BUT short term price stalling.
BIG NEWS : G20 meeting & 1st week OPEC

30 Haz 2019

Not

USDxxx SELL
XxxUSD BUY

Potential USD retrace back UP first b4 continue.
Weekly support area + doji candle closing this week.
Align with some individual pair movement.

As usual, follow your trading plan.

9 Tem 2019

Not

AFTER

D1


H4


Price did react at the resistance about 25p but did not make a lower low at H4 showing bullish momentum still strong. Price end up breaking the upper downtrend channel. Daily trend still downtrend until previous high structure ($97.69) broken but at H4 is still bullish.

Short term bullish. Long term trade best when D1 & H4 both trend aligns.