Anderson-FX

DOLLAR INDEX IS NEAR TO DROP HUGE

Short
Anderson-FX Updated   
TVC:DXY   U.S. Dollar Index
DOLLAR INDEX IS NEAR TO DROP HUGE

US dollar is near to the end of 5 wave a correction in inevitable in the comming future.
The key areas for this moevement are defined by the downtrend channel with fibbo.
Continue with 78,6% The most common drop area SUPPORT.

Be careful with all pairs and market.
Pairs such as EURUSD, GBPUSD, USDCHF, AND USDJPY are into a key area right now.
The DXY will continue with huge strenght.

So EU will go down a little more.
GBPUSD will go down a little more.
USDCHF go up a little more.
USDJPY go up a little more.

Dont add more positions to this pairs. Wait for the very lows or highs for adding positions.
Comment:
Comment:
Comment:
Comment:
Comment:
Comment:
Comment:
Comment:
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.