2021-08-30

US DOLLAR

IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
OUR WORKING ASSUMPTION IS THAT  THE US DOLLAR HAD FINISHED  CORRECTION AT 89.5, AND BOOTOM IS IN PLACE. THEN DOLLAR SHOULD EXTEND  ITS RALLY  IN AN IMPLUSIVE MAANER. THROUGH THAT WAY DOLLAR IS BASED ON A DOUBLE BOTTOM OR POSSIBLE COMPLEX HEAD AND SHOULDERS TO START ANEW UPTREND AND CHANGE ITS DIRECTION FROM DOWN TO UP IN MEDIUM TERM , SO DOLLAR SHOULD BE  BREACHING THE CRUCIAL RESISTANCE AT 94.65 TO BOLSTER THIS IDEA
FOR BOLD TRADERS CAN GET LONG  ABOVE 93.38,  TO UPSIDE TARGET NEARLY 98, THE OTHERS CAN JUMP ON THE TREND ABOVE CRUCIAL RESISTANCE AT 94.65 , BASICALLY TO THE SAME TARGET