This is the DAILY FRAME for the USD ANALYSIS:
MARKET DIRECTION: BUYERS MARKET
MARKET STRUCTURE:Price has broken up creating Higher highs
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price sliced through a previous resistance level at 93.00 with price closing below 93.50 on FRI.
-Price is near a resistance lvl of the 3 month range so expect bearish momentum to come into the market
———————-
Will wait to enter BUYERS positions once price creates NEW HIGHER LOW ON THE DAILY expecting a retest of 93.00 and reject a fib lvl 62,71, or 79.
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INVALID ANALYSIS
Setup become invalid once 92.500 is exceed.
MARKET DIRECTION: BUYERS MARKET
MARKET STRUCTURE:Price has broken up creating Higher highs
—————————
price sliced through a previous resistance level at 93.00 with price closing below 93.50 on FRI.
-Price is near a resistance lvl of the 3 month range so expect bearish momentum to come into the market
———————-
Will wait to enter BUYERS positions once price creates NEW HIGHER LOW ON THE DAILY expecting a retest of 93.00 and reject a fib lvl 62,71, or 79.
——-
INVALID ANALYSIS
Setup become invalid once 92.500 is exceed.