DXY Neutral Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Super bullish here on DXY but we’re seeing some reaction around the 96.300 area. One problem is that we have not seen structure form yet and we’re due for a bit of a pullback.
Ideally we see structure form followed by strong bullish setups.
Trade scenario 2: Short term bearish outlook on DXY, we could see a fall to support near 94.500 area.
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Super bullish here on DXY but we’re seeing some reaction around the 96.300 area. One problem is that we have not seen structure form yet and we’re due for a bit of a pullback.
Ideally we see structure form followed by strong bullish setups.
Trade scenario 2: Short term bearish outlook on DXY, we could see a fall to support near 94.500 area.
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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.