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amiron56's - Trading journal
Second Day Market Overview: The US dollar index has not improved to any side, and traders are still waiting to get the pair in volatile mode, which will significantly influence the major teams to make a trending market. This week, the US dollar index has only one high-impact data; that's the reason I cannot expect that this pair will increase its movement enormously. But the opposite side has some other economic news that can create a bearish or bullish web. Let's see what will happen today. I expected the pair to fall, and slightly it went down, but now slow positive action is seen in the support level. RSI is trading in the bearish region of 41.00, and the MA-200 indicator is selling below the price at 103.33. So the price would go down to test the MA and rebound.