DXY Bullish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: We are overall bullish on DXY on all timeframes.
Going into this week we’re looking for reactions from our 113.500 zone. The most likely scenario is that we will continue bullish and push above 113.500
Consider the USD bullish for the week ahead if this happens.
Trade scenario 2: The other likely scenario is price action rejects from 113.500 and continues to range. Look for price action to fall to our 112.000 zone.
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: We are overall bullish on DXY on all timeframes.
Going into this week we’re looking for reactions from our 113.500 zone. The most likely scenario is that we will continue bullish and push above 113.500
Consider the USD bullish for the week ahead if this happens.
Trade scenario 2: The other likely scenario is price action rejects from 113.500 and continues to range. Look for price action to fall to our 112.000 zone.
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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.