Weekly Strategy Webinar: Dollar at 6-Month Lows- How to Trade It
DailyFX.com -
Talking Points
Review of current / active setups in focus into the weekly open
Updated targets & invalidation levels
Join Michael for Live Weekly Trading Webinars on Mondays at 12:30GMT
The breakdown in the USD is in focus to start the week with the crosses coming into some key levels of technical significance. While the initial inclination may be to chase these moves, it’s important to maintain discipline here if you’re not already in the move. We’ll keep an eye on the weekly opening ranges to start things off and Monday’s close should offer some clues on the majors.
See our 2Q projections on the Dollar and more in the DailyFX Trading Forecasts.
In this webinar we review current and pending setups & updated technical levels (in this order) on DXY, EURUSD, AUDUSD, USDCAD, Crude Oil, USDJPY, GBPUSD, NZDUSD, EURNZD, USDZAR, EURCAD, EURJPY, SPX, Nikkei 225 & AUDJPY.
What do shifts in retail positioning hint about the broader trend? Learn how Sentiment can help your trading in this free guide!
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Key Data Releases
Other Setups in Play:
USD/JPY Bulls Look to Re-Assert Control Ahead of Key US Data
GBP/USD: Rally Under Review- Bank of England Super Thursday on Deck
---Written by Michael Boutros, Currency Strategist with DailyFX
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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.
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