USD (#USD):
The graph shows the movement of USD in the 4-hour (H4) chart.
Last Friday (07/08/2022), #USD hit a record high of 107.80, its highest value in over 20 years.
This made the resistance area of 107.80-107.90 a key level of the trend, where a repeated test and breakout will lead to a rise to 110.00-111.00.
Meanwhile, a rebound from 107.80 could trigger two scenarios:
First is a breakdown of 106.50 and further downward movement to 104.00.
The second is a rebound from the support area of 106.70-106.80 to the key resistance level of 107.80.
Platinum (#PLF):
The chart shows the movement of platinum in the daily (D1) chart.
In the next 2-3 days, #PLF quotes will most likely be consolidated inside the marked triangle.
The upper top will be $904.8, which is located in the divergence zone.
The resistance level of $883.5, paired with the indicated top, will determine the price dynamics of platinum.
