U.S. Dollar IndexShort
Dollar Kissed Death when we expected otherwise đź’¸
The world has been looking forward to higher interest rate and DXY getting stronger. But the pattern and market structure is not saying the same, based on what we see.
We are seeing DXY giving a very strong Bearish pattern which could send the price to 92. Will there still be a chance for Dollar to change direction to the upside? Well yes, but what I see right is bearish.
What does this mean? It means commodities could see higher prices in the coming weeks.
Happy Trading Guys!
Remember to like share and follow.
We are seeing DXY giving a very strong Bearish pattern which could send the price to 92. Will there still be a chance for Dollar to change direction to the upside? Well yes, but what I see right is bearish.
What does this mean? It means commodities could see higher prices in the coming weeks.
Happy Trading Guys!
Remember to like share and follow.
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.