DXY seems hit the ceiling now, a triple top is the proof.
For swing traders, this is a corrective wave with 2 targets now .
One is 94.6, the other is 94.20
We would love to see a lower low 93.60 in Sep.
Cant say it sure that will happen yet.
According to current scene, GOLD is possible to bounce to test a higher resistance zone.
And USDJPY cant wait to fall after such long-time persistence.
So for DXY, if you trade it,
EN: 95.10
SL: 95.60
TP1: 94.6
TP2: 94.20
TP3: 93.60( HARD ONE)
Less is more!
For swing traders, this is a corrective wave with 2 targets now .
One is 94.6, the other is 94.20
We would love to see a lower low 93.60 in Sep.
Cant say it sure that will happen yet.
According to current scene, GOLD is possible to bounce to test a higher resistance zone.
And USDJPY cant wait to fall after such long-time persistence.
So for DXY, if you trade it,
EN: 95.10
SL: 95.60
TP1: 94.6
TP2: 94.20
TP3: 93.60( HARD ONE)
Less is more!
Trade closed: stop reached:
