Possible Inverted Head & Shoulder on DXY
15th August
DXY: Possible Inverted Head & Shoulder forming (retail sales data pending), price above 102.70 can trade up to 102.90. Below 102.45, invalidates IHS, could trade down to 102 support.
NZDUSD: Sell 0.5985 SL 20 TP 40
AUDUSD: Likely range bound, Buy 0.6585 SL 20 TP 60
GBPUSD: Buy 1.2875 SL 25 TP 60
EURUSD: Sell 1.0990 SL 20 TP 45
USDJPY: Could continue to consolidate, watch for reaction at 146 and 148.
USDCHF: Sell 0.8620 SL 20 TP 60
USDCAD: Sell 1.3690 SL 20 TP 55
Gold: Above 2460 could trade up to 2480. Below 2460, break 2450 could trade down to 2430.
DXY: Possible Inverted Head & Shoulder forming (retail sales data pending), price above 102.70 can trade up to 102.90. Below 102.45, invalidates IHS, could trade down to 102 support.
NZDUSD: Sell 0.5985 SL 20 TP 40
AUDUSD: Likely range bound, Buy 0.6585 SL 20 TP 60
GBPUSD: Buy 1.2875 SL 25 TP 60
EURUSD: Sell 1.0990 SL 20 TP 45
USDJPY: Could continue to consolidate, watch for reaction at 146 and 148.
USDCHF: Sell 0.8620 SL 20 TP 60
USDCAD: Sell 1.3690 SL 20 TP 55
Gold: Above 2460 could trade up to 2480. Below 2460, break 2450 could trade down to 2430.
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