Get started
VasilyTrader

Dollar Index (DXY): Bad NFP & Bearish Outlook Explained 💵

Short
U.S. Dollar Index (TVC:DXY)  
VasilyTrader  
TVC:DXY   U.S. Dollar Index
Parallel Channel Rectangle Candlestick Analysis indexes DXY dollar DJ FXCM Index USD forecast swingtrader Contains image
6
3
parallelchannel rectangle candlestick indexes dxy dollar usdollar usd forecast swingtrader containsimage
snapshot

It turned out that we got very bad NFP release, yesterday.
Dollar Index immediately reacted, and the market formed a huge bearish candle on a daily.

With one single candle, the Index successful broken a support of a wide horizontal range.
It is a sign of a confirmed bearish reversal.

The index will most likely drop to 104.5 support soon.

❤️Please, support my work with like, thank you!❤️
✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel www.youtube.com/c/VasilyTrader

💰Instagram: www.instagram.com/VasilyTrader/ 💰

✅Facebook: www.facebook.com/VasilyTrading/ ✅

Related Ideas

VasilyTrader
GOLD (XAUUSD): Important Key Levels to Watch Next Week 🥇
VasilyTrader
CRUDE OIL (WTI): Bearish Movement Continues 🛢️
VasilyTrader
EURGBP: Confirmed Bearish Reversal?! 🇪🇺🇬🇧
VasilyTrader
GOLD (XAUUSD) Important Update Ahead of NFP 🥇
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.