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rob_WRLD_
Jun 7, 2023 2:56 AM

DXY Downside Potential Short

U.S. Dollar Currency IndexTVC

Description

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Hey Traders! 👋

For Day 24/100 of our challenge, we will look at USD or DXY downside potential this week.

Technicals:
- 104.4 is proving to be a strong resistance
- On the HTF, current level is a 62% fib retracement
- Failure to break 104.4 will open 103.4 this week

With this information, we're looking to take short-term shorts on USD pairs.

See you tomorrow 🥂
Comments
brunocheese
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Yes, just what i'm thinking. Nice post
rob_WRLD_
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@brunocheese, Awesome!
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