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US Dollar: Hold Off On Selling The USD! Higher Prices Ahead?
Welcome back to the Weekly Forex Forecast for the week of Sept 22 - 26th.
In this video, we will analyze the following FX market: USD Dollar
The USD recovered last Friday after the FED cut the rate .25 basis points. The USD was also supported by higher T-note yields.
What's next?
Although price swept the Swing Low last week, it recovered, trading back up into the consolidation. There is a bullish tone to this movement, and a manipulative one as well. The sell side LQ was taken, followed by a quick recovery.
The highlighted bullish FVG indicates bullish order flow.
There is a potential iFVG just above the +FVG. Monitor it to see if price will respect it as support. Should it hold, look to long the USD.
Wait and react. Do not predict.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
5 days ago
Trade active
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4 days ago
Trade closed: target reached
Let's go!!
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