USDOLLAR turned up from the top side of the neckline on Thursday but returned to the neckline today. Failure to turn up now risks a failed breakout, which would be viewed in a bearish light. It’s ‘wait and see’.
10/1 – USDOLLAR has reached and reacted to the breakout level (neckline). I am bullish…now…especially when viewed in the context of the longer term bullish reversals noted above.
#TradeNotes#
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