somayehbasiri

Analysis on DXY

Short
TVC:DXY   U.S. Dollar Index
Us dollar index is currently experiencing a bearish trend on both the monthly and weekly timeframes.based on my analysis , I believe that the price will compete a pullback to the weekly FVG zone before continuing it's downward movement.
It's important to note that relying on price behavior and confirmation signals rather than solely on predictions is a prudent approach to trading. By waiting for confirmation on the 4H chart , you aim to ensure that the anticipated downward momentum aligns with the actual price movement.

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