- May 13, 2021
- Posted by: Tradingshot Articles
- Category: Forex
Pattern: Channel Down on 4H.
Signal: Sell as the price reached the 4H MA100 (green trend-line) which previous formed a Lower High on the pattern, while the RSI is on its Resistance Zone and the MACD about to make a Bearish Cross.
Target: 89.700 (just above the Support and the 1.236 Fibonacci extension).
Most recent DXY signal: