Last week’s non-farm payrolls data was released, and the US dollar index rose. The RVI indicator on the D1 chart has formed a golden cross and is above the 0 axis, and the upward trend is still obvious. The MACD indicator bearish volume is not fading. Although the RSI is in overbought territory, the strong uptrend is still in place.
The price on the H1 chart successfully closed above the resistance level. And it can be seen that the price of the RSI indicator is still conducive to pushing the price up further. The long trading volume of the MACD indicator is still above the signal line, and the bullish strength is not fading. The bullish opportunity is particularly evident.
All transactions involve risks, the above analysis is for reference only. When placing an order, be sure to set the lot size and remember to set the stop loss.
