U.S. Dollar IndexShort
DXY Trading Journal Analysis
DXY Trading Journal Analysis
I suspect the DXY is drawling to the 50% level.
It seems likely that Price will seek to rebalance the 4 IFVG and the noted Buy Stops Target for the weeks high.
It also seems likely that Price will gravitate to the sell stops target for the weeks low.
Note a non farm payroll week in RED FOLDER NEWS. I suspect that if Price is aggressive it could bull to the higher 105.800 buy stops target. It could also bear to the Equal lows at 104.080. I believe the later due to being in a bear market and yet wars and seasonal changes have me reading what Price gives me.
Happy trading folks.
I suspect the DXY is drawling to the 50% level.
It seems likely that Price will seek to rebalance the 4 IFVG and the noted Buy Stops Target for the weeks high.
It also seems likely that Price will gravitate to the sell stops target for the weeks low.
Note a non farm payroll week in RED FOLDER NEWS. I suspect that if Price is aggressive it could bull to the higher 105.800 buy stops target. It could also bear to the Equal lows at 104.080. I believe the later due to being in a bear market and yet wars and seasonal changes have me reading what Price gives me.
Happy trading folks.
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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.