Dear Traders,
Distribution phase successfully occured on the DXY and sellers are looking for a strong final push down so that it can reach a potential buying zone for investors as keeping the new year in the mind. DXY is likely to keep dropping until the new year begins, however, there will be small retracement but overall price of DXY remain bearish for this month.
Distribution phase successfully occured on the DXY and sellers are looking for a strong final push down so that it can reach a potential buying zone for investors as keeping the new year in the mind. DXY is likely to keep dropping until the new year begins, however, there will be small retracement but overall price of DXY remain bearish for this month.
Trade active:
DXY dropping nicely from our rejection zone.
Trade closed: target reached:
1200+ pips target reached successfully!
Comment:
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