Indicators used:
Stochastics (default setting)
Bollinger bands (default setting)
I do not believe the dollar rally is over.
From the weekly chart, we can see the pair in a very tight range, my forecast only comes to play if price is able to breach the upper band of the bollinger bands.
we can see the stochastic indicator crossing downwards, signaling a possible correction before and more climb by the pair.
the weekly chart is showing a range, with more pressure to the down side. The Stochastic…
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