U.S. DOLLAR CURRENCY INDEX
The chart is on a direct channel
If the price reaches point a we have to sell
But if it reaches point b, we have to buy
But as you can see, the CCI indicator and the RSI indicator are rising. Even if the price breaks the B point, it is most likely a false rise.
From what I see, the price will probably go down
But whenever the price breaks any point, it is better to use the volume indicator to determine it is right down trend or up trend or wrong downtrend or up trend
If the price reaches point a we have to sell
But if it reaches point b, we have to buy
But as you can see, the CCI indicator and the RSI indicator are rising. Even if the price breaks the B point, it is most likely a false rise.
From what I see, the price will probably go down
But whenever the price breaks any point, it is better to use the volume indicator to determine it is right down trend or up trend or wrong downtrend or up trend
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.