DXY - 27Jan2022
DXY reacted bullishly after the hawkish FOMC announcement as Feds look to raise interest rates as easy as Mar22.
On the daily, price bounced back 2 MAs. We could possibly expect it to bounce back to retest previous highs around 96.720.
On the H4, price is on bullish momentum above all 3MAs. Previous Stochastic negative divergence was not able to cause DXY to pull back. As a result, we could expect it to bounce higher to face previous Stochastic horizontal resistance.
This is for personal record purposes only, not financial advise or solicitation of trade.
DXY reacted bullishly after the hawkish FOMC announcement as Feds look to raise interest rates as easy as Mar22.
On the daily, price bounced back 2 MAs. We could possibly expect it to bounce back to retest previous highs around 96.720.
On the H4, price is on bullish momentum above all 3MAs. Previous Stochastic negative divergence was not able to cause DXY to pull back. As a result, we could expect it to bounce higher to face previous Stochastic horizontal resistance.
This is for personal record purposes only, not financial advise or solicitation of trade.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.