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JayForexAcademy
Dec 9, 2022 12:31 AM

DXY 2H POSSIBLE SELL Short

U.S. Dollar Currency IndexTVC

Description

DXY has a strong bearish momentum and has already broken structure on the hourly timeframes. I therefore' think that it'll drop further to take run the short term lows created this week and possibly to also run an old week's low. R:R = 2.5. THIS SETUP DOESN'T GUARANTEE PRICE MOVEMENT. APPLY PROPER RISK MANAGEMENT
Comments
InvestMate
As far as I am concerned, the dollar is currently in the process of undergoing some sort of upward correction before falling further.
Solldy
The idea was not too informative. In general, many of the arguments I have already noted for myself, but supported my vision) Thanks for your publication, my friend!
JayForexAcademy
@Solldy, you are much welcome
JoeChampion
I agree on USD weakness, thx!
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