Weekly forcast for Dollar index.. long
As per to my last week analysis the Dollar index broke the inverted head and shoulders structure as shown in the chart. For Week 2 of Nov i expect the price to reach the 96 area.
if this happens then US Dollar should strengthen across the majority of the related currency pairs. so this make it easy for us to realize that we should take advantage of the USD during the next week and go with it's trend and not against it.
This is just an Idea. please do your analysis before taking any trade and don't depend on other analysis. Happy trading
if this happens then US Dollar should strengthen across the majority of the related currency pairs. so this make it easy for us to realize that we should take advantage of the USD during the next week and go with it's trend and not against it.
This is just an Idea. please do your analysis before taking any trade and don't depend on other analysis. Happy trading
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.