Mihai_Iacob

USD INDEX- Start of correction?

Long
TVC:DXY   U.S. Dollar Index
USD is in a clear and strong down-trend and from the March 102 top, dropped around 10%. Although I think the USD weakness will continue in the long run, early sighs of a much-needed correction look to take shape.
Yesterday the market closed forming a Pin Bar and in the past two weeks, the drop was not so aggressive.
That being said I expect USD strength in all the majors and USD weakness should be bough.

🚀 Elevate your trades with a 20-year market veteran!

📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals

💎 Crypto Channel:
t.me/FanCryptocurrency

🌟 Premium Contact:
t.me/IacobMihai
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.