DXY Bullish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Everything is bullish on the USD! All major timeframes have been bullish and current price action is showing no real signs of slowing down just yet.
The most likely scenario is that we will continue pushing toward 100.000 resistance while forming higher lows along the way.
Trade scenario 2: If we are to consider the USD bearish again we would at least need to see a break of support near 97.850 with a lower high below.
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Everything is bullish on the USD! All major timeframes have been bullish and current price action is showing no real signs of slowing down just yet.
The most likely scenario is that we will continue pushing toward 100.000 resistance while forming higher lows along the way.
Trade scenario 2: If we are to consider the USD bearish again we would at least need to see a break of support near 97.850 with a lower high below.