DXY (SHORT): Rejection at resistance + more stimulus plan, DOWN! Short

U.S. Dollar Currency IndexTVC

Description

⋅ Jan 21, 2021 1:44 PM

We can see that the price for the USD got rejected at the 91.00 level.
Also, with Biden as the President now,
it is likely to have more stimulus in place,
more money into the economy, time to resume its downtrend.

Comments

Dave-FX-Hunter

⋅ Jan 26, 2021 10:00 AM

Amazing analysis

KlejdiCuni

⋅ Jan 22, 2021 8:41 AM

Beautiful setup mate. Thank you!

msar1973

⋅ Jan 22, 2021 2:54 AM

what happens to the dollar if the stimulus is lower then projected

msar1973

⋅ Jan 22, 2021 2:53 AM

Yuriy_Bishko

⋅ Jan 21, 2021 3:25 PM

needs correction

FXtrades-gp

⋅ Jan 21, 2021 2:35 PM

Nice and clear, thank you for sharing this! 👌

TheSignalyst

⋅ Jan 21, 2021 2:19 PM

clean setup as usual here! well done