Trader-Nazeer

DXY - Back In The Zone

TVC:DXY   U.S. Dollar Index
DXY is back into an important zone.

On the previous idea, support was found and a rally ensued. We testing the lows again and this time we might break to test the next big level at 99

Failure there will see the dollar continue to weaken on a substantial new leg although my bias leans towards finding support and bouncing again. Alternatively price finds support here to put in a possible 'double bottom' . As always, the lower timeframes will give the clues for the next move.

Happy Trading!

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Disclaimer: All ideas are my opinion and should not be taken as financial advice.

hey dan, after you recover your account please message me on instagram: @n4z.op
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