Trade_Simple_FX

DXY D1 - Short Correction Expected

Short
TVC:DXY   U.S. Dollar Index
DXY D1

Like we mentioned, non-farm payrolls, average earnings and unemployment figures are coming out this afternoon 1:30pm UK time, so as the NA session comes into play. We can expect some nice volume.

This may be the trend setter for the month ahead. We are obviously hoping to see the USD correct and pull down towards that 94.500 region, which would compliment our cable longs.

Additionally, this would give us confidence in looking for resumed USD bull continuations from the 94.500 price.

Want to find our more about us? Check out the website link below!

FREE Telegram: t.me/Trade_Simple_FX

Website - stan.store/TradeSimpleFX

Instagram: www.instagram.com/trade_simple_fx

e-Mail: info@tradesimplefx.com
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.