Austin_Palmer

DXY Midweek Analysis

Long
Austin_Palmer Updated   
TVC:DXY   U.S. Dollar Index
DXY traded below 94.53 and is on it's way to retest 93.60 as we anticipated would happen if the market traded below 94.53. Now what's to happen when the market reaches 93.60? well since t's not the strongest of zones it might get breached seeing the DXY trading lower. But just because it's not strong zone doesn't mean the market cannot bounce and reverse from this level. Be on the looking out for a break or bounce. Secure your bag!
Trade closed: target reached:
We came in and around the zone. not a solid touch but we going up it seems

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