Dollar Index (DXY): Bad NFP & Bearish Outlook Explained 💵

By VasilyTrader
https://www.tradingview.com/x/EcdaMROo/

It turned out that we got very bad NFP release, yesterday.
Dollar Index immediately reacted, and the market formed a huge bearish candle on a daily.

With one single candle, the Index successful broken a support of a wide horizontal range.
It is a sign of a confirmed bearish reversal.

The index will most likely drop to 104.5 support soon.

❤️Please, support my work with like, thank you!❤️
Candlestick AnalysisdollarDXYforecastindexesParallel ChannelRectangleswingtraderUSDDJ FXCM Index
VasilyTrader
✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel youtube.com/c/VasilyTrader

💰Instagram: instagram.com/VasilyTrader/ 💰

✅Facebook: facebook.com/VasilyTrading/

Related publications

Disclaimer