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Mihai_Iacob
Feb 12, 2021 1:55 AM

DXY- New leg up above 92? Long

U.S. Dollar Currency IndexTVC

Description

From the start of the Corona pandemic, USD was very weak, with the index losing around 15%. At the beginning of the year though, DXY seems to have found a bottom in 89 area and has started to correct.
At this point a new leg of correction is probable and I expect 90 zone to hold firm.
I'm focusing mainly on Aud&Nzd for short trades. Also UsdCad long can be a good idea with the pair looking very bullish above 1.26
Comments
Stargazer_fx
thanks for the analysis mate
Dave-FX-Hunter
I like your charts
TheSignalyst
thanks for this one optimoom ;)
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