DXY Neutral Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: We are still super bullish on DXY and it does not show signs of slowing just yet.
We can see price action is resting right near 100.00 resistance which is a hugely overvalued area for the dollar.
Ideally, we see some reaction from current resistance and start heading lower again. Look for a break of 99.250 support with a lower high below.
We can then expect DXY to turn bearish for the short term.
Trade scenario 2:
For us to continue seeing DXY as bullish we need to see a massive break of 100.00 resistance zone.
Look for structure above with strong bullish setups.
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: We are still super bullish on DXY and it does not show signs of slowing just yet.
We can see price action is resting right near 100.00 resistance which is a hugely overvalued area for the dollar.
Ideally, we see some reaction from current resistance and start heading lower again. Look for a break of 99.250 support with a lower high below.
We can then expect DXY to turn bearish for the short term.
Trade scenario 2:
For us to continue seeing DXY as bullish we need to see a massive break of 100.00 resistance zone.
Look for structure above with strong bullish setups.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.