DXY Weakness is imminent. SELL SELL SELL 😎

Sharp rejection from 0.5 fibonacci lev. @105.6
SHORT for the target of 104

Trade active

ADD MORE ADD HERE😎😎

Trade active

This is the game of patience wait and watch

Note

Still room for Entry....party is about to start SELL heavily

Note

What a move now trail your stop losses

Note

☞The dollar index lost ground and slumped below 105 mark as markets brushed aside elevated level s of producer price inflation for April.

☞US producer Price Index (PPI) increased by 0.5% on monthly basis, surpassing the forecasted 0.3% rise. Similarly, the core PPI, which excludes food and energy prices, also rose by 0.5%, beating the expected 0.2% increase.

☞Meanwhile, Federal Reserve Chair Jerome Powell said that the PPI readings were higher than expected. He added that policymakers need to be patient and let restrictive policy do its work.

☞Investors now shift focus to US CPI report this week. The dollar index dumped aside higher PPI data and added to losses at 104.82 alongside fall in treasury yields.
Among basket currencies, EURUSD and GBPUSD are quoting higher by 0.06% at $1.0842 and $1.2600 respectively.

Note

Book your profits @104 level very crucial level

Trade closed: target reached

PROFITS BOOKED

The_Bitcoin_Daddy

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The_Bitcoin_Daddy

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