ThemasterFxIdea

DXY on the 1H time-frame

Long
TVC:DXY   U.S. Dollar Index
DXY on the 1H time-frame.
Steps:
1. Dollar index is created the higher low and breakout the previous high to confirmed the reversal pattern.
2. It is keep stronger to the FIbonacci 361.8% at 92.838
3. The next target that should be at the next level 423.6% at 93.001 which is the same as previous high.
4. The number of Non-Farm Payroll is higher than forecasting which is high effective to the dollar index.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.