DXY - 03Feb2022
On the daily, price is at 20EMA & 50MA support. We could expect a short-term bounce here
On the H4, price dropped to 200MA and Fib confluence support. With Stochastic currently at horizontal overlap support, we could potentially expect the price to bounce to 1st Support at 96.430.
This is for personal record purposes only, not financial advise or solicitation of trade.
On the daily, price is at 20EMA & 50MA support. We could expect a short-term bounce here
On the H4, price dropped to 200MA and Fib confluence support. With Stochastic currently at horizontal overlap support, we could potentially expect the price to bounce to 1st Support at 96.430.
This is for personal record purposes only, not financial advise or solicitation of trade.
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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.