DXY Set up a Fibonacci price cluster on DXY .I will try to race out the setups on this DXY indicator more. The
DXY index and important economic news will explain to us why certain currency pairs rise or fall in relation to the USD.It will give important milestones for us to trade in the right direction.
Note
DXY hit the support on the 1-hour timeframe pretty well, let's see if this area holds the price, If you want a clear view, you should go down to the short timeframes to see the details of the price action, Watching short frame price action is also a Scalping trade setup for related products, but keep in mind if Scalping should choose low commission and thin Speard product types.
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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.