Bullish DXY Trade Idea
DXY is showing signs of bullish momentum on the 1-hour chart, looking to make a move toward the recent swing high. Positive U.S. economic data and ongoing dollar strength could continue driving price up. Stops are set below recent support to manage risk, with an eye on resistance at the 1-hour swing high as a target.
Trade closed: target reached
new ideas out soon
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.