fib trend extend says the hourly picture could still be bullish for the dollar, but continued resistance around the 95.8 area, and continued support around the 95.4 area is likely.
this should mean cheaper prices for stocks, but i dont imagine the fed can keep its finger off the printer button for long.
a break above or below the horizontal lines and 4 hr close would be considered bullish or bearish respectively.
favorite USD pairings at the moment for a bull break in DXY would be NZD and AUD, and my favorite dollar pairings for a bear break would be JPY or EUR.
this should mean cheaper prices for stocks, but i dont imagine the fed can keep its finger off the printer button for long.
a break above or below the horizontal lines and 4 hr close would be considered bullish or bearish respectively.
favorite USD pairings at the moment for a bull break in DXY would be NZD and AUD, and my favorite dollar pairings for a bear break would be JPY or EUR.
Trade closed: target reached:
long target for dxy has been exceeded
this trade idea is closed
this trade idea is closed
