This is what I see in the Forex the week of March 17th , 2019: USDX, EU,UJ,GU,AU

This is what I see in the Forex the week of March 17th , 2019: USDX, EU,UJ,GU,AU http://proacttraders.com/blog #forex #$ #Proacttraders #FX - see link for more images

Note: USDX is in a range.We are currently waiting as MACD is not clear yet. Below 96.828 we are bearish and above 97.215 we are bullish. Watch the reaction @ the 98.28 area for either a continuance or reversal.Be aware that this could change in a heartbeat and will affect the currencies below. ATR’s are the same except for GBPUSD which is affected by the Brexit voting.

$EURUSD

What ProAct Traders See: We are currently @ 1.1325. A couple of different scenarios:1:Bullish: a break of the Ascending wedge takes it to the day chart slope resistance. Here look for a move back to the range top @ 1.1520. 2: Bearish:A reaction at the Day chart slope resistance would most likely target the double bottom @ 1.1190 area. Watch the USDX for direction. The ATR for the the pair currently is 59 pips.

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Great weekly analysis, very useful and educational.
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