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syedhamza2135
May 10, 2022 3:38 PM

DXY reached its peak Short

U.S. Dollar Currency IndexTVC

Description

DXY has been in continuous upward trend for weeks now, to me it looks like the price has reached its peak for time being, hopefully SPX and BTC will be able to see some upward movement in upcoming days if this is correct.
Comments
vurichie
Just wanted to say bro my bias is also short but always remember price is never too over bought or too over sold. The market doesn’t care about a “Peak” 💯
syedhamza2135
@vurichie, Yup, you are right. You never really know how high or low the price can go. But the current level is a good opportunity for short, even if price continues to rise, risk management will sort things out itself.
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