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AnasRathore

DXY: NICE BULLISH SIGNAL

Long
U.S. Dollar Index (TVC:DXY)  
AnasRathore  
TVC:DXY   U.S. Dollar Index
Trend Analysis Technical Indicators
4
0
trendanalysis indicator
As mentioned in the chart that Dollar Index is making lower lows and RSI is not making lower lows, which clearly indicates that this is not the time to go short on DXY. Today inflation data and FOMC meeting both can be the catalyst to take the Dollar to upwards for a decent correction. I would suggest that this is the nice time to BUY dollar.

Trading Recommendations: LONG@ 96.20, Stop@ 95.70. TP 97.80
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