DXY - Potential Start of a Global Rally
Monthly chart is not that exiting but daily structural change at range high/resistance is lovely. This is a good level for return of trend before the CPI this week and FOMC next week.
Hope it holds below the resistance and does not get back to 110.
I am an amateur trader. I sometimes enter into trades. Other times it is only an analysis. Trade with your own risk awareness.
Hope it holds below the resistance and does not get back to 110.
I am an amateur trader. I sometimes enter into trades. Other times it is only an analysis. Trade with your own risk awareness.
Trade closed: stop reached
This did not work well with some big stop losses. Still, weekly close with a wick means some good signs. Lets see a high volume reversal candle before starting fully positive.
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.