DXY SELL ON RATE HIKES !!!
Updated
HELLO TRADERS,
As i can see DXY DOLLAR had done a retrace after a long drop but still the downtrend is not finish yet ... so i can see a rejection here at this resistance zone so we are re enter on sell as we can yesterday FOMC MEETING show us a rate hike which is not good for Dollar & you can see geopolitical issue also around the world BRICK 70% country are supporting to Dump Dollar and trade in yuan also we can see wars escalating around the world which is not good for Dollar Fundamentally its a sell on DXY now lets see Technically whats going on charts its is showing us a clear view that after a drop its done on retrace and now its moving to daily Horizontal Support zone you can see our previous analysis we are selling DXY from 106.400 levels and now looking for more drop on DXY
Friends its just an trade idea Kindly share your thoughts and views on DXY with us in Comment session we appreciate your love and support it help all of our trader community
As i can see DXY DOLLAR had done a retrace after a long drop but still the downtrend is not finish yet ... so i can see a rejection here at this resistance zone so we are re enter on sell as we can yesterday FOMC MEETING show us a rate hike which is not good for Dollar & you can see geopolitical issue also around the world BRICK 70% country are supporting to Dump Dollar and trade in yuan also we can see wars escalating around the world which is not good for Dollar Fundamentally its a sell on DXY now lets see Technically whats going on charts its is showing us a clear view that after a drop its done on retrace and now its moving to daily Horizontal Support zone you can see our previous analysis we are selling DXY from 106.400 levels and now looking for more drop on DXY
Friends its just an trade idea Kindly share your thoughts and views on DXY with us in Comment session we appreciate your love and support it help all of our trader community
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