WEEKLY DXY FORECAST 04.10.2020
WEEKLY:
- Bullish engulfing candle closing above monthly 93.30 price.
- possible retest of the 93.30 key level, before a continuation to the upside
DAILY:
- DXY = uptrend (clear HH & HL being formed)
- waiting for third bounce of trendline for further upside/ could potentially break TL
- further confluence for upside = fib golden region falling around 93.30 key level.
IF DXY REJECTS 93.30 FOR UPSIDE:
- SELL: XXXUSD
- BUY: USDXXX
- Bullish engulfing candle closing above monthly 93.30 price.
- possible retest of the 93.30 key level, before a continuation to the upside
DAILY:
- DXY = uptrend (clear HH & HL being formed)
- waiting for third bounce of trendline for further upside/ could potentially break TL
- further confluence for upside = fib golden region falling around 93.30 key level.
IF DXY REJECTS 93.30 FOR UPSIDE:
- SELL: XXXUSD
- BUY: USDXXX
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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.