U.S. Dollar IndexUpdated bigger picture DXY
As month is coming to end I took a bigger picture look on DXY. I see that more than a month $ is ranging in the same place creating a quadrangle. Exit from quadrangle in direction of trend in size of quadrangle.
What I want to believe is that dollar will go up, but because only $ knows where to go, downside also possible, nearest fresh Demand around 90.00.
What I want to believe is that dollar will go up, but because only $ knows where to go, downside also possible, nearest fresh Demand around 90.00.
Note
an visible idea how Supply and demand levels works
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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.