The dollar index in the daily time frame formed 4 green candles, also breaking the decision triangle upwards. The DXY now has an upward channel for higher levels, with two S / R levels ahead of target.
In terms of supply and demand analysis, although there are signs of a rise in the dollar index, it is still too early to predict an upward Sharp move.
We are monitoring DXY next week.
This is a combined analysis based on "supply and demand", "technical perspective" and of course my experience. If you like it, please click the Like button and write your comments in the comments section.
In terms of supply and demand analysis, although there are signs of a rise in the dollar index, it is still too early to predict an upward Sharp move.
We are monitoring DXY next week.
This is a combined analysis based on "supply and demand", "technical perspective" and of course my experience. If you like it, please click the Like button and write your comments in the comments section.
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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.
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.