With USDCAD coming to a key level, I think the dollar keeps buying and breaks the previous high. Not financial advice.
DXY The big picture is bullish. But it is expected that the amendment is not over yet. at a strong resistance level I think there is a chance the price will drop again. Wait to sell resistance zone, first target 101 >> GooD Luck 😊
#DXTWBNB price is inside a falling wedge and in support zone. if price hold this support and head up, there is a resistance at 28177 that is the same with upper line of wedge. break out from the wedge will increase price to 33256 and 36640, break out from 40757 will pump it to 66230. and if price break down from current support zone, it will drop to 20318 and even 18312.
Using RSI weekly on DTX/SPX ONLY. -If we go up, we go up "Now" like last week of July, 2021 by 7% - 21 % . -If we go down 21-98 days from the signal's day we will get 8% - 21 % correction/pullback our window is 8.23-11.30 !!!
High impact of ADP Employment Change(Apr) may return positive implications for consumer spending, stimulating economic growth, what's more The ISM Non-Manufacturing Index released by the Institute for Supply Management (ISM) on WEDNESDAY may change the direction upward as long.
-MA cross with Price under EMA however still in a sideways market -H4+ Candle closures under 1.16900 roll on 1.15400 -if 1.1700 holds I want a retest of the monthly before shorting
WILL TH DOLLAR CONTINUE TO SOAR OR WILL SEE A REJECTION
It seems to a triangle breakout..from now up to 6 months, good luck.