vikinsa

DXY (Dollar) Possible Upward Correction In The New Year

Long
TVC:DXY   U.S. Dollar Index
Traders, DXY is inside a higher time frame FCP Zone (Fibonacci Confluence Pattern) Zone and also a monthly demand zone. Another demand zone is just below. Dollar is expected to be bullish in coming months quite possibly starting in Jan 2021. However as Dec monthly candle was a string bearish one, it may not happen almost immediately in Jan 2021. So always wait for a proper confirmation.


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-Vik

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