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peterbokma
Apr 28, 2023 5:42 AM

DXY-BUY strategy Long

U.S. Dollar Currency IndexTVC

Description

DXY is not a confirmed buy as yet, but looking at the triangle, we got double bottom @ 1.0088, and resistance @ 101.89.
Looking at the MACD and RSI I feel BUY strategy to be in plcae, and would venture being long.

BUY current 101.65 and place stop-loss @ 100.68. The market will go more lower when the double bottom breaks, and we may even join when that happens. The profit order for our LONG I feel to be somewhere @ 1.0390 for now.

Comment

Profit done @ 102.65 for now. see new update today
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