EURO Has been Moving inside the Ascending Channel since 31st JULY High & From Last 7 Days, Consolidating Between S/R (1.177 - 1.184) But In Asian Session, Bulls Finally Break the Resistance & Now, EURUSD Heading towards the Ascending Channel Resistance (Might test the 1.120 Psychological Resistance)
On the Other Hand, DXY Getting Weak After Yesterday's POWELL Speech. At the Moment, It's Trading Above the Previous LOW So Be Be careful, It Might Bounce Back If Bulls Held the Support.
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I think next week EURUSD will fall and Dollar will be strongest, the reason the DXY fall on last week is Resignation of Japan Mr Shinzo Abe,because the Japan is old cooperate of US and this news press on the DXY.
At last be careful about BUY positions!
At last be careful about BUY positions!