DXY/Dollar Index Analysis:
Dear all, USD Index went bullish on Friday after news cam positive to dollar index and after china stopped buying gold and bought USD this gave dollar push to higher levels.
On the other hand an active sequence for a bearish move was formed o 15 may with an pen target to 102/102.5, and i have a perfect supply zone at 105.5 matching the 61.8% fibbo level.
conclusion: dollar index going toward my supply zone to go then bearish.
Dear all, USD Index went bullish on Friday after news cam positive to dollar index and after china stopped buying gold and bought USD this gave dollar push to higher levels.
On the other hand an active sequence for a bearish move was formed o 15 may with an pen target to 102/102.5, and i have a perfect supply zone at 105.5 matching the 61.8% fibbo level.
conclusion: dollar index going toward my supply zone to go then bearish.
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.