DXY should move to the indicated targets but we need to have the confirmation. We will keep highlighting the progress upon the confirmation.
Starting from high risk which should be followed by daily downtrend.
Starting from high risk which should be followed by daily downtrend.
Trade active
Sell (short) is activeNote
We maintain the same targetsTrade closed: target reached
Now, we are long DXY, 3rd target and more down levels will be in 2023Trade active
Short...no longer like DXYTrade active
Next target is between 101-100Trade active
At another platform, it has reached 101.8 which is bounce zone...so be readyNote
Once DXY hits 103-104 range, it will resume its down trend journeyNote
Later to start selling USD, enjoy tradingTrade active
it is possible we see 109.3 before it continues its direction toward our next targetsTrade active
Next target 98.24Note
Expect to witness strong support starting from 100 to 98.24 and potential bounce before it continue its south direction.....we might end the update at 98.24 but be careful, it is not the end of the current downtrend (There is a deep target).Note
The downtrend is strong regardless any pullback pressure.Note
almost to achieve our 3rd target. This is not the final target.Note
it will test the broken level target 2, (103.590)..later to sell again. confirmation should be in placeNote
Moving toward 100/99Trade closed: target reached
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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.