After the drop to 100 strong support zone at the end of 2023, USD Index has started the year strongly and we have a more than 2% reversal from that zone.
This reversal could go on further and the price could text 104.20 important resistance.
Sell rallies for EurUsd, GbpUsd, AudUsd or NzdUsd could be a good strategy if a good risk: reward is found.
This reversal could go on further and the price could text 104.20 important resistance.
Sell rallies for EurUsd, GbpUsd, AudUsd or NzdUsd could be a good strategy if a good risk: reward is found.
Order cancelled
After further consideration, I'm not bullish DXY anymore
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
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.