💲Dollar Struggles For Gains💲

💲Dollar Struggles For Gains

💲The last few days on the dollar have been a constant battle between bulls and bears.

💲In the last post when the bears dominated, we assumed that declines would continue to the vicinity of the support zone.

💲The situation today has turned in favour of the bulls.

💲They have been pulling the price upwards since this morning.

💲I have established a strong resistance zone around the 1.272 level from the 2020 peak to the 2021 low.

💲If the movement continues reaching that level seems very likely.

💲Especially looking at the technical environment of MACD, RSI which supports the upside at the current moment.

💲The scenario I am playing out is a continuation of the upside to the vicinity of the resistance zone. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.

💲*Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.

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