Friends, today I have got to this forum for the early time and I have no experience of using on this forum. I will work on it only after observing others’ posts, believe I will make wonderful work. If I do a misreading, I will appeal to the Moderator to encourage me. Along with this, I will also appeal to the Senior member to help me and tell me about working in a trading journal. A friend of mine is working on the mt5 forum before, I have learned a lot from him, if still, I have made any mistake then please tell me about my mistake.
Trading Plan:
USDX is moving up again after touching the support level 94.70, which is in the fresh demand zone and right on the 50 periods simple moving average curve on the H4 time frame. I see the psychological price level of 94.90 as an important price level before, where the price moved around this price level for a long time before finally falling. Most likely the price will return to it and later there I think there will also be a strong price reaction, especially since there is already a fresh supply zone there.

A sell option is still an attractive option in my opinion, where USDX has the potential to go down in the future with its long-term target at 1.3454. Overall, the USD has the potential to strengthen again where the results of the NFP are predicted to determine the Fed’s steps to tapering shortly.
Trading Plan:
USDX is moving up again after touching the support level 94.70, which is in the fresh demand zone and right on the 50 periods simple moving average curve on the H4 time frame. I see the psychological price level of 94.90 as an important price level before, where the price moved around this price level for a long time before finally falling. Most likely the price will return to it and later there I think there will also be a strong price reaction, especially since there is already a fresh supply zone there.
A sell option is still an attractive option in my opinion, where USDX has the potential to go down in the future with its long-term target at 1.3454. Overall, the USD has the potential to strengthen again where the results of the NFP are predicted to determine the Fed’s steps to tapering shortly.
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