US DOLLER INDEX (DXY)
ACTION: BUY
A present close above 97.72 expose the next resistance at 99.48 then next week TP is 99.48. Contrast, a close below 97.72 expose the next support at 96.39.
Bollinger band: A break out at the upper band of the Bollinger Band indicate a Buy signal.
RSI analysis (14, close): At 61.8309 indicate a strong Buy on DXY
Conclusion
INSTRUMENT DXY
ACTION BUY
PRICE 97.75 – 98.10
STOP-LOSS 97.40
TP 99.50
ACTION: BUY
A present close above 97.72 expose the next resistance at 99.48 then next week TP is 99.48. Contrast, a close below 97.72 expose the next support at 96.39.
Bollinger band: A break out at the upper band of the Bollinger Band indicate a Buy signal.
RSI analysis (14, close): At 61.8309 indicate a strong Buy on DXY
Conclusion
INSTRUMENT DXY
ACTION BUY
PRICE 97.75 – 98.10
STOP-LOSS 97.40
TP 99.50
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.
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.