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Michael_Harding
Jan 31, 2021 11:41 PM

DXY Above 50 SMA Long

U.S. Dollar Currency IndexTVC

Description

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DXY now trading above the 50SMA on the daily timeframe. SPX pointing to further downside could support a stronger dollar


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Michael Harding 😎 Chief Technical Strategist @ LEFTURN Inc.

RISK DISCLAIMER
Information and opinions contained with this post are for educational purposes and do not constitute trading recommendations. Trading Forex on margin carries a high level of risk and may not be suitable for all investors. Before deciding to invest in Forex you should consider your knowledge, investment objectives, and your risk appetite. Only trade/invest with funds you can afford to lose.
Comments
TheSignalyst
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Good catch Micheal
Michael_Harding
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CurtisTerry
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Your work is really great.Keep it up
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