Key Setups in Play Heading into Monthly Close
Key Setups in Play Heading into Monthly Close explained by professional Forex trading experts the “Key Setups in Play Heading into Monthly Close” FX trading team.
Key Setups in Play Heading into Monthly Close
The U.S. Dollar (DXY) opens the week just above a near-term support confluence at 92.59 and although this level could provide a rebound, the broader focus remains weighted to the downside while below 93.50. An in-depth, multi-timeframe examination of the USD majors reveal numerous pairs coming off key areas of support / resistance with pending setups in the event of both dollar weakness (EUR, GBP, JPY) and dollar strength (AUD & NZD). Keep in mind the economic calendar is stacked this week for the Eurozone, U.S. and Canada.
Key Setups in Play Heading into Monthly Close Conclusion
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