What happens when DXY goes UP?
(1) You BUY USD against other currencies eg you go LONG on USDCHF
--OR
(2) Sell other currencies against USD eg you SHORT EURUSD or GBPUSD
What happens when DXY goes DOWN?
(1) You Sell or Short USDCHF
--OR
(2) You BUY/LONG on EURUSD and GBPUSD
Like, Share, Follow, and Support this channel for yet better content.
Thank you and happy trading.
(1) You BUY USD against other currencies eg you go LONG on USDCHF
--OR
(2) Sell other currencies against USD eg you SHORT EURUSD or GBPUSD
What happens when DXY goes DOWN?
(1) You Sell or Short USDCHF
--OR
(2) You BUY/LONG on EURUSD and GBPUSD
Like, Share, Follow, and Support this channel for yet better content.
Thank you and happy trading.
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.
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.