In last few weeks I was talking about different options and as I said that if Usd fails to stay above 80 then there is a good chance that Usd may reacts on its bearish pattern. It has reacted to some extent but if that pattern works out completely then Usd may test around 78 ranges.
Here I must say that in last few days it is trying to reverse so in coming week if Usd maintains 79.5 range then there is a chance of more up moves. I will talk about probable future bullish pattern for Usd if it tests around 80.5 ranges. Therefore emphasis should be given at moves above 79.5 range in coming week.
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