MONTHLY ANALYSIS ON DXY(US DOLLAR INDEX)
I believe that the Dollar Index is still bullish on the monthly perspective at the present moment 15/09/2018(UK DATE) but it is losing steam and will look to reverse around the 98 -100 region. This will give traders an opportunity to go long for the time being i'm expecting in the upcoming months. As we reach the levels of resistance i will expect a reversal and price should look to fill more of the market inefficiency to the downside( along the way turning support into resistance).
I will be updating it as price goes along in the upcoming months...
I will be updating it as price goes along in the upcoming months...
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.