Since June 16th, Usd has remained confined above the exponential moving averages, 23, 35, 56, and could continue rising. Unless the 56th Exponential moving average is clearly broken to the lower side , I expect a move upwards with my take profit at 118.57. On the 4hour chart above, long positions seems more ideal compared to the short positions, thus, at the moment I'm only interested in short positions.
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