Last week marked the 8th consecutive impressive rally of the US Dollar.
For this week, there are two possible scenarios for the price movement:
- Case 1: The price may retrace to the 106.0 level and then continue climbing to conquer higher thresholds.
- Case 2: The price may also retrace to the 106.0 level, then rise to the current peak area, forming a reversal pattern before declining.
A common characteristic of both scenarios is an upward move from 106.0 to the current peak area, which presents a clear opportunity for us.
The calculations have been laid out, and what you need to do is trust the plan, patiently wait for confirmation signals, and strictly adhere to risk management rules.
Always remember that discipline and composure are the key factors that will lead you to long-term success in this journey!
Wishing all investors smart and effective strategies. Stay tuned for the next US Dollar market updates.
By. Pham Thanh Bien
