Practically USD was flat this week and I am still holding my past week view for it. It had a chance to cross 80 levels but things were different in the last day. So if I have to give quick view, I will say that if USD does not fall below 79 in early period of the week then it has more chance to go in the upside. But if things become negative and it drops continuously then it will trigger the negative pattern if it drops below 78.
I will say that it will not act on that bullish pattern if it breaks 78 in the lower side and it will not act on negative pattern if it breaks 82 on the higher side. So this 78–82 becomes an important zone for it. I think person who has created long positions, for them 78 is the important level and for short position the level is 81.
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