DXY | Time For a Clear Direction
It looks like DXY is not taking a clear direction and as I pointed out also at the
beginning of the week we were going to face low volume and small moves in many currency pairs.
Overall the volume is not bad however many of the currencies are moving in corrective moves as expected overall.
DXY is in the same situation before it will signal the next price direction
Thank you and Good Luck!
It looks like DXY is not taking a clear direction and as I pointed out also at the
beginning of the week we were going to face low volume and small moves in many currency pairs.
Overall the volume is not bad however many of the currencies are moving in corrective moves as expected overall.
DXY is in the same situation before it will signal the next price direction
Thank you and Good Luck!
Trade closed: target reached:
bearish target reached after breakout
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A bearish target was reached after the breakout of the lower part of the support zone. As long as the price will develop above 102 it should hold the bullish volume. Price is testing a strong zone now that can push it down again on yesterday's position.
A move above 102.45 should help DXY higher to rise further