UJ closed outside of the trendline on the hourly chart after failing to break 200 EMA/SMA average (GODMA). MACD cross downward. The short term uptrend was not enough to turn the daily charts bullish.
DXY is due for a correction after it's current bull run.
Once this squeeze is released, we could see as low as 106-107 for this pair.
TP: 111
High risk/ High reward.
Tight SL recommended.
Good luck!
DXY is due for a correction after it's current bull run.
Once this squeeze is released, we could see as low as 106-107 for this pair.
TP: 111
High risk/ High reward.
Tight SL recommended.
Good luck!
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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.