DXY Bullish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: The USD is looking extremely bullish and is currently resting at resistance near 97.250.
This is the zone where we will be looking for reactions (either a break or bounce). Ideally, we can see price action pullback to test new support and form structure as this recent rally is a bit overextended.
Trade scenario 2: If we see price action push through resistance near 97.250, look for a well established higher low above.
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: The USD is looking extremely bullish and is currently resting at resistance near 97.250.
This is the zone where we will be looking for reactions (either a break or bounce). Ideally, we can see price action pullback to test new support and form structure as this recent rally is a bit overextended.
Trade scenario 2: If we see price action push through resistance near 97.250, look for a well established higher low above.
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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.
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.