Hello dear friends, Currently, the DXY power index is trading at 106.313, continuing its downward trend and losing 0.34% for the day.
My goal after the slight price decrease of DXY towards the support level of 106.181 (which coincides with EMA 34 and 89) will be a price increase with a target of 107.168, followed by a breakthrough and reaching the end of the Fibonacci indicator at 107.565.
What do you think? Good luck with your trades!
My goal after the slight price decrease of DXY towards the support level of 106.181 (which coincides with EMA 34 and 89) will be a price increase with a target of 107.168, followed by a breakthrough and reaching the end of the Fibonacci indicator at 107.565.
What do you think? Good luck with your trades!
Trade active
Note
DXY posted the price increase as expected, the transaction continued to be implemented!
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Related publications
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.