Jimmy_Rebello

Dollar and other forex currency logic (DXY)

Jimmy_Rebello Updated   
TVC:DXY   U.S. Dollar Index
The dxy price started getting rejection from 103.500, as it reached the htf supply zone
This supply zone is from 103.500 to 105.000

The currency fair as forex pair /usd will be benifiting with some sort of bounce as the dollar is cooling down

Where as currency pair like usd/forex pair for example usd/Jpy can get healthy correction keep them on your watchlist

And consider this post as confidence for your forex trading
Comment:
dxy spiked up above 104 lvl making other pairs to collaspe

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.