US Dollar (DXY) future prediction
Well I dont normally post up ideas on here but I think for the future I'm going to take some time to post a few charts up!
Okay, so my thoughts on the DXY I firmly believe we're looking at a rate hike in December which will increase the value of the dollar upto previous 2015 highs! (100.5) If we get a continuation from this then a further price increase to 102.5 could be on the cards.
For my trading plan I will wait and see what the next couple of days hold in regards to price above 98.3 if we maintain it I'll execute a long set up ready for December. My TP will be at 100.5 and await another signal to proceed to the 102.5
Okay, so my thoughts on the DXY I firmly believe we're looking at a rate hike in December which will increase the value of the dollar upto previous 2015 highs! (100.5) If we get a continuation from this then a further price increase to 102.5 could be on the cards.
For my trading plan I will wait and see what the next couple of days hold in regards to price above 98.3 if we maintain it I'll execute a long set up ready for December. My TP will be at 100.5 and await another signal to proceed to the 102.5
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