DXY idea short or buy?
DXY idea short or buy?
In the past I showed 2 options as now.
The price has strayed from the upper line of the channel on the weekly chart, if the price breaks the level of 103.70-90, then the price will go to the upper line of the monthly channel 110-112.
Now the price is decreasing, so far the option with the price falling to the lower line of the weekly channel is in the first place.
I don't like that the volumes on the daily EUR/USD chart are falling, this indicates a possible increase in the index DXY.
In the past I showed 2 options as now.
The price has strayed from the upper line of the channel on the weekly chart, if the price breaks the level of 103.70-90, then the price will go to the upper line of the monthly channel 110-112.
Now the price is decreasing, so far the option with the price falling to the lower line of the weekly channel is in the first place.
I don't like that the volumes on the daily EUR/USD chart are falling, this indicates a possible increase in the index DXY.
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.