Overseas traders - dollar explanation
Updated
The dollar index was at a low of 90.42 yesterday, breaking its lowest price since March
There is no doubt that the dollar is now in a passive short position.
Now the dollar is in a 30 minute level shock, as yesterday broke the lowest price
Lead to the price of the back, so there are signs of rebound upward
I think today's US dollar rate is in the range of fluctuations, even short-term operation
Long position
In the future, if the US dollar wants to continue to rise, it must break through the first Pingjin and go away,
and it needs to stand above 91.25 to continue to rise. Otherwise, the US dollar will be suppressed
DXY
There is no doubt that the dollar is now in a passive short position.
Now the dollar is in a 30 minute level shock, as yesterday broke the lowest price
Lead to the price of the back, so there are signs of rebound upward
I think today's US dollar rate is in the range of fluctuations, even short-term operation
Long position
In the future, if the US dollar wants to continue to rise, it must break through the first Pingjin and go away,
and it needs to stand above 91.25 to continue to rise. Otherwise, the US dollar will be suppressed
DXYTrade closed: target reached
Note
We need to pay attention to whether the price continues to break the new low of 90.426 today
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