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WicktatorFX
Mar 7, 2021 8:33 PM

DXY - Finally, A Breakout! 

U.S. Dollar Currency IndexTVC

Description

Finally, we have a breakout for DXY. Wait for price to retrace and correct and mark up the correction. Once correction breaks, I will be looking to enter AUDUSD and more important EURUSD as it is very closely inversely correlated.

See linked chart for EURUSD set up. For both DXY and EURUSD we are awaiting a correction. Goodluck and trade safe!

Comment

Comment

Comments
stoko29
Pretty much the same as my analysis mate. As always, nice clean, clear chart. Keep them coming my man.
WicktatorFX
@stoko29, thanks Paul!
loudon3
Do I see a possible retrace back down off the 38.2% Fibo retracement level at 92.492? We shall see.
sir_katiro
Im still in the learning process as a trader, and I made the same analysis my self ♥️, before seeing this one. I'm so proud of myself right now. Thank you for the knowledge @wicktator
WicktatorFX
@sir_katiro, that is awesome! Keep on charting up and you’ll begin to identify certain patterns better. Feel free to send me your charts and I’ll have a look :)
ALI-572
Your analysis really helps alot to learn.....Wonderful ♥️👍
WicktatorFX
@shah572, جزاك الله خير Shah!
UnknownUnicorn2319293
Very clean
WicktatorFX
@Mara-xx, thanks Mara!
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