DXY : Let's see NFP's Effect on Market

As you can see, the dollar index moved according to the upcoming scenario and then faced a price correction! In these moments before the announcement of the NFP, we can predict that if the statistics are higher than the predicted number, i.e. 295K, we can expect the growth and strengthening of the dollar index, otherwise, a fall from this range is not far from expected!

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👤 Arman Shaban : ArmanShabanTrading
📅 09.02.2022
⚠️(DYOR)

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Chart Patternsdollardollar_indexDXYEURUSDForexGBPUSDGoldTechnical IndicatorsTrend AnalysisUSDCADXAUUSD

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