A Bearish Week for the Dollar 21st/10/2024

Although we are still very bullish on the dollar, we expect to see a little pullback this week. The dollar has been on an upward rally since the start of October, without any significant pullback. Starting this week, we expect the price to pull back to level 102.928 before it continues on the rally up. If it pulls back slightly lower than that, then we will be looking at the 102.811 level. If the price then starts rallying upwards, the first take profit on our buy setup will be at 103.878 level as shown in the image above. The next take profit level will be at 104.088 level, while the final take profit level will be at the 104.568 level. We have continued calling out price levels before the prices reach those levels as is evident on our previous price analysis charts on this website. We are confident that we will still be accurate moving forward. We are currently working on video resources to also help our readers learn how to analyze price correctly on our channel "Elites Trading Bible,".Our books have also helped many people become profitable on their trading accounts and you can find them on both ebook and hardcover formats on Amazon, "Elites Trading Bible." 

In Forex, patience is not just a virtue; it's the key to success.