DSH/USD Possible Bullish Move Targeting 148.50

1 min read
tarantula fx

tarantula fx

Head of Trading

Hi traders,

The DSH/USD has formed a bullish engulfing pattern at lower Bollinger Band confluence. Upmove is expected.

If the price gets above 141.90 and closes above, we could see 148.50. However 148.50 is the POC for short trades and sellers might be waiting to reject the price. In the case of rejection from the POC or a break below bullish engulfer low -138.20, then the bears might get stronger and the next target is 133.14.

Many green pips,
Nenad Kerkez aka Tarantula FX
Elite CurrenSea

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