Dollar Index (DXY): Awaiting Inflation data....
Updated
Hi everyone!
As we said in our latest analysis, the market should wait for inflation data to be released before taking a position, so today's session will be very important for traders.
Today, I want to share two key levels with you: 101.20 (previous low) and 105.20 (swing). The break of one of these levels will give a clear signal to the market, at the same time however, the reaction of the Price Action after the data could already give us some important indications for the next trade.
...trade with care! 👍
Cheers!
If you think that my analysis is useful, please...
"Like, Share and Comment" ...thank you! 💖
N.B.: Updates will follow below
As we said in our latest analysis, the market should wait for inflation data to be released before taking a position, so today's session will be very important for traders.
Today, I want to share two key levels with you: 101.20 (previous low) and 105.20 (swing). The break of one of these levels will give a clear signal to the market, at the same time however, the reaction of the Price Action after the data could already give us some important indications for the next trade.
...trade with care! 👍
Cheers!
If you think that my analysis is useful, please...
"Like, Share and Comment" ...thank you! 💖
N.B.: Updates will follow below
Note
Intraday chart analysis(Click and Play on Chart below)
Note
Note
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