DXY dollar path and direction
Hello everyone
This month DXY dollar price action we could see a breakout pattern similar to April 2018 as shown in the chart
Uptrend trend line since 2014 has not breached yet however Weekly candle close below this trend line will trigger a huge sell to next demand zone Weekly close above the downtrend trend line could target supply zone above
You have to be careful it could also be a fake breakout with election coming and the world fundamentals right now anything possible
Feel free to ask any question :) and good luck everyone
This month DXY dollar price action we could see a breakout pattern similar to April 2018 as shown in the chart
Uptrend trend line since 2014 has not breached yet however Weekly candle close below this trend line will trigger a huge sell to next demand zone Weekly close above the downtrend trend line could target supply zone above
You have to be careful it could also be a fake breakout with election coming and the world fundamentals right now anything possible
Feel free to ask any question :) and good luck everyone
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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.