DOLLAR INDEX (DXY) Bearish Outlook 💵 Short

U.S. Dollar Currency IndexTVC

Description

⋅ May 28, 2022 1:50 PM

Hey traders,

This week, Dollar Index broke and closed below key daily structure support.
And as I predicted, the market dropped nicely after its retest.

Next week I will expect a further decline.

Next support - 101.0

❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️

Comments

peacefulCheese37841

⋅ Jun 12, 2022 12:24 PM

I'm not a currency trader, but I use DXY to help my determin the overall trend of the SPY! What moving adverage(s) would you recommend to use on DXY? And parameters would you recommend?

jojofang0901

⋅ May 29, 2022 7:13 PM

do see more downside and bearish price action thx

AlkalineFX

⋅ May 29, 2022 2:07 PM

Killing it!

AtlasTrades

⋅ May 28, 2022 10:02 PM

Great work my friend! I most likely DXY

VasilyTrader

⋅ May 28, 2022 1:50 PM

Are you bearish on Dollar Index?