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Dollar Continues to Rise and Can Close The Week With a Major Buy Signal

By
Tomasz Wiśniewski
Published: Aug 21, 2020, 12:53 GMT+00:00

In today’s Traders Edge Market Briefing, Tomasz found those amazing setups we thought you’d find interesting!

Dollar Continues to Rise and Can Close The Week With a Major Buy Signal

Dollar Index comes back above crucial support and breaks the mid-term down trendline

EUR/USD comes back below 1.19 with a proper sell signal.

GBP/USD drops back below 1.319.

USD/CAD forms an inverse head and shoulders pattern.

Gold breaks the lower line of the rectangle.

DAX breaks 12800 and moves lower.

CAC drops to the lowest levels since the 7th of August.

For a look at all of today’s economic events, check out our economic calendar.

About the Author

During his career, Tomasz has held over 400 webinars, live seminars and lectures across Poland. He is also an academic lecturer at Kozminski University. In his previous work, Tomasz initiated live trading programs, where he traded on real accounts, showing his transactions, providing signals and special webinars for his clients.

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