Waiting for the Bigger Movement on the USD
Published: Dec 13, 2021, 13:15 UTC•1min read
In today’s Traders Edge Market Briefing, Tomasz has found these amazing setups that we thought you’d find interesting.
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US Nas 100
DAX ends the flag and tries to aim higher.
Nasdaq is about to test an absolutely crucial horizontal resistance. A bullish breakout will mean a proper buy signal.
Dollar Index is inside of a pennant, waiting for a breakout.
The same with the EURUSD.
GBPUSD bounces from the lower line of the flag and 38,2% Fibonacci but the momentum could have been higher.
USDCHF is still inside of the long-term symmetric triangle, waiting for the breakout like the Dollar Index.
CHFJPY is still locked between two important Fibonacci retracements. The rectangle continues.
CADCHF is also inside of the lock-term triangle. This week may result in a test of its lower line.
For a look at all of today’s economic events, check out our economic calendar.
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