DXY - Are we going up?
Updated
Probabilities that DXY is going is high.
Technicals DXY
→ We came into support and are heading up.
→ We do have a zone here which can act as resistance, but I expect that we will breach it.
→ We broke out of trendline and retested it and gone up.
→ We respected the up sloping channel.
Your trading friend,
Simba Trades
Technicals DXY
→ We came into support and are heading up.
→ We do have a zone here which can act as resistance, but I expect that we will breach it.
→ We broke out of trendline and retested it and gone up.
→ We respected the up sloping channel.
Your trading friend,
Simba Trades
Note
Play hasn't played out we do have tomorrow USD news to re-adjust but as of today probability is too low to take a tradeOrder cancelled
DXY too bearish (also expected due to USD news) This play totally invalid. Let's re-group for a next one.Note
Still got a bullish outlook considering we respeted a major support and got alot of volume last friday.We need to break first resistane and confirm to know we are targetting the highs or going even higher.
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