as I said on last weeks .. DXY still keeps the premises of forming a pattern that it has been following since May 2020!
... I said in my last analysis DXY reached the 94500 area from where it strongly rejected!
in this area I will wait to see a trend for at least 1 day before entering the trade ... so,
- in case of a closure even for 1 day above level 95150 I will look for BUY towards 96400-97.900, otherwise I will look for SELL towards Fibonacci 618 from where UP again towards 97900-98300
THIS WEEK... as I analyzed ... DXY rejected from the 94500 area and closed over 95150 from where it climbed to the target proposed by me ... 96400!
I will continue to look for this target and from there I will redo the entire technical analysis!
However, I recommend that you wait for the evolution of the news about the conflict in Ukraine before making a big move on the DXY
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
*This information is not a Financial Advice.
... I said in my last analysis DXY reached the 94500 area from where it strongly rejected!
in this area I will wait to see a trend for at least 1 day before entering the trade ... so,
- in case of a closure even for 1 day above level 95150 I will look for BUY towards 96400-97.900, otherwise I will look for SELL towards Fibonacci 618 from where UP again towards 97900-98300
THIS WEEK... as I analyzed ... DXY rejected from the 94500 area and closed over 95150 from where it climbed to the target proposed by me ... 96400!
I will continue to look for this target and from there I will redo the entire technical analysis!
However, I recommend that you wait for the evolution of the news about the conflict in Ukraine before making a big move on the DXY
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
*This information is not a Financial Advice.
Comment:
DXY reached exactly area 96400 ... from where it strongly rejected ...