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vikinsa
Jan 15, 2021 10:29 AM

DXY (Dollar) Can Move Higher Due To These Patterns Long

U.S. Dollar Currency IndexTVC

Description

Traders, Dollar (DXY) has been like a sleeping giant. As mentioned in the weekly analysis, it is expected to finish this week as a bull candle but because past 2 months have been bearish and due to candle stick formation this month may end as a bearish candle.

Nevertheless it has started to wake a bit so make sure that you pay attention to it if you are trading anything which is directly or indirectly dependent on USDollar.

Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Neve rely on signals, do your own analysis and research too

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Take care and trade well
-Vik

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📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
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Comments
abel11
Similar thoughts...All the best!!
vikinsa
@abel11, You too.
Investroy
Interesting chart, much appreciated!
vikinsa
@Investroyllc, Thanks :) Good luck
rahulneo
@vikinsa Thanks for your superb analysis as always!
vikinsa
@rahulneo, Thanks :) Good luck
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