In my previous DXY analysis, I said that, after the false down break, DXY could reach 103.50 zone and also break above the falling trend line.
The target zone was reached and now, considering the importance of this resistance, a correction could follow.
However, in my opinion, the medium to long term trend for USD has changed back to bullish and this correction should be used for selling pairs like: EurUsd, GbpUsd, AudUsd and NzdUsd
The target zone was reached and now, considering the importance of this resistance, a correction could follow.
However, in my opinion, the medium to long term trend for USD has changed back to bullish and this correction should be used for selling pairs like: EurUsd, GbpUsd, AudUsd and NzdUsd
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.