SHORT USD - Major Resistance
Hello Traders,
This week it is time to short the USD.
The DXY has been a very nice tool to use when looking for forward movement across all USD pairs.
The DXY has been trading between an 'ascending wedge' /inclining channel for some time now.
This means we can look at other currencies to buy against the USD.
Check out our analysis on the EURUSD and NZDUSD.
forexstoreau.com
This week it is time to short the USD.
The DXY has been a very nice tool to use when looking for forward movement across all USD pairs.
The DXY has been trading between an 'ascending wedge' /inclining channel for some time now.
This means we can look at other currencies to buy against the USD.
Check out our analysis on the EURUSD and NZDUSD.
forexstoreau.com
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.