DXY idea
DXY idea
I still stick with the fall option because :
a) On the weekly chart the price is in the channel and there was a rebound from the top of the channel .
b) RSI shows the rebound from the trend line on the daily chart .
c) Pandemic COVID-19 triggers global crisis, economic indicators show different data .
Growth is possible :
a) Huge amounts of money are allocated to support the economy , which creates a little positive for investors.
b) if the price breaks the level of 103.70-90, then the price will go to the upper line of the monthly channel 110-112.
I still stick with the fall option because :
a) On the weekly chart the price is in the channel and there was a rebound from the top of the channel .
b) RSI shows the rebound from the trend line on the daily chart .
c) Pandemic COVID-19 triggers global crisis, economic indicators show different data .
Growth is possible :
a) Huge amounts of money are allocated to support the economy , which creates a little positive for investors.
b) if the price breaks the level of 103.70-90, then the price will go to the upper line of the monthly channel 110-112.
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