megatrade101
Long

#USD #DXY POST HICCUP PRICE ACTION RECOVERY

TVC:DXY   U.S. Dollar Index
14 0 2
Renewed interest came into a USD-DXY price recovery from a registered low @95.89 basis point. This was drawn from the Post Trump lead in the presidential election leading through the Futures movement that likewise traded on SP500             daily limit. We can consider this a ' Post Hiccup' that rippled through in the global market.

However, the USD price recovery is still on a positive note as it is trading @98.25 weekly highs as of this writing. A cyclical pattern of price recovery from the lows can be considered as it remains to be a pattern well within this period towards the closing 4th quarter of the year as we have called it. This scenario has happened and marked several times when a NEW HIGH & NEW LOW are marked on the same month. And best described on the chart herein.
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out