DXY has been moving in a local channel indicating a short term bearish trend. What next do we expect especially as we saw a BETTER THAN EXPECTED NFP OUTCOME
From the technical standpoint, I anticipate a bullish sentiment to continue to grow till 106.591. If we’d get a break above the upper resistance of the descending channel, a buy opportunity is envisaged.
From the technical standpoint, I anticipate a bullish sentiment to continue to grow till 106.591. If we’d get a break above the upper resistance of the descending channel, a buy opportunity is envisaged.
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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.