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DariusFxTrading
Sep 4, 2020 5:54 AM

DXY short - Can we make a correction? Short

U.S. Dollar Currency IndexTVC

Description

Hello Traders!

In this video I will go through potential correction on the DXY. Is it possible now or not?

That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.

Thank you and we will see next time
- Darius.
Comments
bappykhalidhasan0
nice explanation
SamSzulc
The dollar has formed or is forming a bottom, there may be yet 1 further poke at new lows but it could be done. A move above 93.99 the last high before terminal triangle thrust down would be first sign the index has bottomed. The potential is an eventual move to all-time highs, sentiment is below 20 which is extreme for currencies. It's only a matter whether some of the pairs are doing another 4-5 to upside but confirmation will come when they break lower fibonacci levels.
AndreaBacho
Thanks for this video
Carolcarr
Your work is very good
Debbiesilva
Beautiful explanation
ProjectSyndicate
premium technical setups today. appreciate your effort!
fh2klv
Like you, I based my trades on DX movements.

Great neutral observations.
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