Next week, US data dominate Economic Calendar , and with traders holding LONG positions of USDollar, this indeed is a vital week.
Certainly I hope data would be positive, but it's hard to say what will happen.
Payrolls is the main focus, besides we also have ISM PMI, ADP report and some minor data.
I want to see positive data and still want to Buy Dollar.
- Technical Analysis
USDollar holds above SMA50
A new trend line is sharped on the chart.
- Support at 96.30
- Resistance at 99.96
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Because next week data is very important, DAY BY DAY I WILL UPDATE MY ANALYSIS ON TRADINGVIEW FOR EACH IMPORTANT DATA, PLEASE CHECK MY FB PAGE OR WEBSTE FREQUENTLY BEFORE DATA
Certainly I hope data would be positive, but it's hard to say what will happen.
Payrolls is the main focus, besides we also have ISM PMI, ADP report and some minor data.
I want to see positive data and still want to Buy Dollar.
- Technical Analysis
USDollar holds above SMA50
A new trend line is sharped on the chart.
- Support at 96.30
- Resistance at 99.96
--------------------
Because next week data is very important, DAY BY DAY I WILL UPDATE MY ANALYSIS ON TRADINGVIEW FOR EACH IMPORTANT DATA, PLEASE CHECK MY FB PAGE OR WEBSTE FREQUENTLY BEFORE DATA