Dollar weakness before new strength?
We have found a new potential setup on the Dollar Index. A long position based on high liquidity we have spotted at 93.172 where we have a lot of pending buy orders creating a solid level of support for entry. Two take profit targets based on our trig system.
The signals for entry is as followed;
DXY
BUY
Entry 93.142 - 93.215
Stop Loss: 92.945 (236 PIPS)
Take Profit 1: 93.832 (660 PIPS)
Take Profit 2: 94.552
We have found a new potential setup on the Dollar Index. A long position based on high liquidity we have spotted at 93.172 where we have a lot of pending buy orders creating a solid level of support for entry. Two take profit targets based on our trig system.
The signals for entry is as followed;
DXY
BUY
Entry 93.142 - 93.215
Stop Loss: 92.945 (236 PIPS)
Take Profit 1: 93.832 (660 PIPS)
Take Profit 2: 94.552