DXY Neutral Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Technically we are still bullish here on DXY although we should note that we are between an existing range. Resistance at 96.350 & support at 95.800
The most likely scenario is that price action will reach 96.350 and reject from there, continuing the range.
Trade scenario 2: For us to consider DXY full bullish we ideally want to see a higher low above 96.350.
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Technically we are still bullish here on DXY although we should note that we are between an existing range. Resistance at 96.350 & support at 95.800
The most likely scenario is that price action will reach 96.350 and reject from there, continuing the range.
Trade scenario 2: For us to consider DXY full bullish we ideally want to see a higher low above 96.350.
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.
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.