JuanCrlsTrades

DXY IS STILL BULLISH - LET'S FIND OUT WHY!

Long
TVC:DXY   U.S. Dollar Index
NOTE: We have analyzed the movement of DXY last week, with this, we have anticipated Bitcoin's downward impulse over the weekend.

1. Previous daily candle close was
very bullish.

2. Current daily candle which has not been
closed yet is rallying towards the key
resistance level at 108.900-109

3. Expect a minor rejection to this level
in the lower tf.

4. We're not changing our bias on DXY
since we can see the price formation is
still on higher highs and higher lows.

5. I'm anticipating a breakout in 108.900
key level in one of these days this week.

6. US Dollar has 4 major news expected
to come out this week (high impact)
and these news will give volatility to
the market.


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