Daniel.B

Levels to watch on the DXY

INDEX:DXY   U.S. Dollar Index
163 1 4
Chart is pretty self explanatory, but based off of todays events in the market it became evident that many traders do not keep an eye on separate Indexes as indicators of what to expect, or possible scenarios that can play out in the pairs that they trade. The DXY             held at the .618 Fib but the London session could determine whether we see a deeper pullback in USD pairs, or if the DXY             continues its up trend. Trade effectively and smart =) And remember losing is part of the business we chose. Happy trading guys! Feel free to ask questions =)
jangseohee
2 years ago
can be go back to 94.6?
snapshot
Reply
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