Trade_Simple_FX

DXY D1 - Bullish Break Expected

Long
TVC:DXY   U.S. Dollar Index
DXY D1

With the above being said... 'key global topics' and other comments, we have to understand the market correlation and timeframes... We can take yesterdays D1 close with a pinch of salt, due to inconsistent volume, but lets see where we close after today (hoping support holds).

US based FX and commodities look like they want to be correcting somewhat. Which might see DXY dip below support. US stock space is slower paced and a little delayed. So correlation isn't going to be 100% inverted.

Want to find our more about us? Check out the website link below!

FREE Telegram: t.me/Trade_Simple_FX

Website - stan.store/TradeSimpleFX

Instagram: www.instagram.com/trade_simple_fx

e-Mail: info@tradesimplefx.com
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.