DXY Potential Short Soon!

Happy Tuesday Traders, Investors & Gamblers 😃

Today I want to talk about the U.S. Dollar Index. As mentioned in a previous post a couple of weeks ago, DXY is currently at a very strong resistance in a 15 year trend visible on the monthly chart here.

1D U.S. Dollar Index (DXY)
snapshot

4H U.S. Dollar Index (DXY)
snapshot

Here below I left it all in the charts for you, the key resistance levels and the support levels that are important to confirm a downtrend.

1D U.S. Dollar Index (DXY)
snapshot

4H U.S. Dollar Index (DXY)
snapshot


I would like to add that this is only for educational purpose and in no way a guarantee that it will play out this way, nor is this or are any of my posts financial advise.


As always, A BIG THANK YOU for stopping by, I hope you liked my post! If you did, please take a second to drop a like or comment, every engagement puts a smile on my face, but also helps me to get my ideas out to many more of you guys! 😃🙏

Happy Trading ✌♥📈
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