Although the US Dollar did not retrace to the selling point we had analyzed, the price trend last week still followed our predicted direction.
With the current data, it is almost certain that the price will continue to drop significantly.
Entering the downward trend of The Second Million – Dollar – Pattern will significantly impact the precious metals market, including gold, silver, copper, and even the raw materials market like oil.
We will wait for the price to recover to the nearest resistance level and follow the market. The target is the 103.3 area and possibly lower.
Remember that the initial phase, known as the creation wave, always has unpredictable developments, so strictly adhere to risk management rules. Avoid positions that go against the trend and always trust that your decisions will lead to outstanding profits.
Wishing investors intelligent and effective investment strategies. And stay tuned for the next US Dollar updates.
By. Pham Thanh Bien
