TradingView
MatthewBromage
Oct 31, 2016 7:25 PM

US Dollar (DXY) future prediction Long

U.S. Dollar Currency IndexTVC

Description

Well I dont normally post up ideas on here but I think for the future I'm going to take some time to post a few charts up!

Okay, so my thoughts on the DXY I firmly believe we're looking at a rate hike in December which will increase the value of the dollar upto previous 2015 highs! (100.5) If we get a continuation from this then a further price increase to 102.5 could be on the cards.

For my trading plan I will wait and see what the next couple of days hold in regards to price above 98.3 if we maintain it I'll execute a long set up ready for December. My TP will be at 100.5 and await another signal to proceed to the 102.5
More