REDATOR Ben Graham Posted February 12 REDATOR Report Share Posted February 12 [#USDX] Although both EMAs remain in a Death Cross intersection, but with RSI(14) condition in the Neutral-Bullish level and the appearance of a Bullish Divergence, Buyers are expected to take over dominance in #USDX today. Key Levels1. Resistance. 2 : 97.642. Resistance. 1 : 92.273. Pivot : 96.864. Support. 1 : 96.495. Support. 2 : 96.08Tactical ScenarioPositive Reaction Zone: If #USDX strengthens and breaks above 92.27, there is a chance of a further rise toward 97.64.Momentum Extension Bias: If 97.64 is broken, #USDX could extend its advance toward 98.05.Invalidation Level / Bias RevisionThe upside bias is invalidated if #USDX weakens and breaks down below 96.08.EMA(50) : 96.79EMA(200): 97.01RSI(14) : 55.93 + Bullish DivergentEconomic News Release Schedule:Tonight the United States will release the following economic data:US - Unemployment Claims - 20:30 WIBUS - Existing Home Sales - 22:00 WIBUS - Mortgage Delinquencies - TentativeUS - Natural Gas Storage - 22:30 WIBUS - 30-y Bond Auction - 01:01 WIBThe material has been provided by InstaForex Company - www.instaforex.com Perfect! Thanks! Love it! Haha Confused :/ Oush! Wow! Liked! × 💬 Did you like this content? Your feedback is very important! Liked! Perfect! Thanks! Love it! Haha Confused :/ Oush! Wow! Quote Link to comment Share on other sites More sharing options...
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