USDX Testing multiple major support levels and stalling.
Technicals
*Testing two strong price support lines, and also the 50% retracement level and stalling.
*Indicators are way over sold.
*The major forex pairs you can see the majority of them at extreme conditions. The most extreme being the Eur/Usd testing resistance that has held the pair since the 2008 crash!
* If you are a position trader this must be heavenly time for you. So many major pairs about to do a long term reversal.
*Testing two strong price support lines, and also the 50% retracement level and stalling.
*Indicators are way over sold.
*The major forex pairs you can see the majority of them at extreme conditions. The most extreme being the Eur/Usd testing resistance that has held the pair since the 2008 crash!
* If you are a position trader this must be heavenly time for you. So many major pairs about to do a long term reversal.