U.S. Dollar Index
Long
Updated

DXY: 5-9 December, 2022

Hello traders, here is my view for DXY, check updates below for some other possibilities for next movement.

Let me know in the comment section below if you have any questions. This is just my view and not financial advice.
Note
Scenario 1.1
DXY starts shoots up from current price levels
snapshot
Note
Scenario 1.2
DXY will spike below last week's low to take out buyers before going higher, we need to wait for change in structure before going long in this case.
snapshot
Note
Scenario 2
DXY moves below 103.40 to take out buyers before moving higher, will need to wait for change in structure before going long in this case.
snapshot

Disclaimer