DXY at key support level (4HR) Long

U.S. Dollar Currency IndexTVC

Description

⋅ May 2, 2020 7:22 AM

DXY threatening a break of support at 98.70

- Bounce or a breakdown next week?
- Next week (Friday):
1. US Non-Farm Employment Change (Forecast : -21000K, Prev: -701K)
2. US Unemployment Rate (Forecast: 16.0%, Prev: 4.4%)

*Interesting Note: the two parallel blue lines are of equal length