InvestmentsHub

$DXY - waining sell momentum but one more continuation lower?

Short
TVC:DXY   U.S. Dollar Currency Index
DXY broke out the descending shape - stalled for a while then moved expolosively 93.5
Waining mometum as selling has slowed, 1D bull divs also but short still a good bet here
At 1D Supply which is strong supply - continued/broke market structure to downside, OTE of recent down leg
We are at 1M demand - which helped this leg up and thus has already been mitigated
I would expect price to in the near future move through it and flip it to resistance

Comments

Good idea

We are in same bias.also, we have analyzed DXY whenever you have some free time check it out on our page.

extremely thank you for sharing nice data
+1 Reply
InvestmentsHub BitonGroup
@BitonGroup, cheers mate
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter