Hello Traders! Please support this idea with a LIKE if you find it useful. DXY, 2H.
1. The dollar started rising in London on the 6th and is at the top of the parallel line, renewing its peak in the US market yesterday.
2. The minutes of the last FOMC meeting have been published and are expected to be affected by Unemployment claims announced today.
3. Chart movements are expected to be resisted at the top of the parallel line, with short-term declines, while DXY's overall big movements appear to be upward.
4. In the event of a fall, the S1 line, which was yesterday's support line, is expected to fall, and the target price range for the fall is expected to be up to the 92.230 line near the S2 line.
- This post does not provide financial advice. It is for educational purposes only.