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Sylynt056
May 10, 2023 5:36 PM

DXY/EXY analysis Short

U.S. Dollar Currency IndexTVC

Description

expect dxy to stagnate with bearish momentum comes from exy hitting support area @ 109.57 projectile @ 78% although dxy gives bullish momentum @71% decline is expected, economic sentiment in favor of eur aligned with market sentiment of exy uptrend CPI softened for USD compared to eur

EXY PROJECTILE:
INCLINE: 0.861%
DECLINE: -0.643%
78%

USD Projectile:
INCLINE: 0.704%
DECLINE: -0.276%
71%

Expecting more decline to come TP@101.088 following exy upmovement TP@111.23
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