InvestMate

💲Dollar However, Chooses The South💲

Short
TVC:DXY   U.S. Dollar Index
💲Dollar However, Chooses The South

💲Looking at the dollar's behaviour today, we can see that it has rebounded from a strong resistance zone and started a southward movement.

💲As recently as yesterday, it could have been assumed that we would see an upward correction.

💲But the market today dispelled all doubts.

💲Looking at the technical environment, given that we are under the two moving averages 50 and 200 and the MACD and RSI are generating downward signals. I have no doubts about the continuation of the downward movement.

💲The scenario I am playing out is a continuation of the declines to the defined support zone. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.

🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀

🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫

💲 To keep up to date with all my activities I invite you to visit my Telegram 💲

💲 www.t.me/Investmatez 💲

🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.