Possible short-termp top on USD (DXY)?
In 4H timeframe chart, we got a doji with a follow-up candle on the downside. If this results in lower highs and lower lows, we might see a short-term top as this pair meets rather big resistrance around 85 area.
But so far nothing is confirmed and this is only a possible trade idea. We are going to await for a confirmation before entering a trade.
But so far nothing is confirmed and this is only a possible trade idea. We are going to await for a confirmation before entering a trade.
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.
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.