Dollar on a turning point
The Dollar currency index is making some big moves.
I tried to predict the correction top but the dollar cut through that like butter. I had to make some adjustments to my analysis.
My bearish bias still stands unless we take out the major high at 93.73, until then I am looking at the level of 93.474 for a possible reversal.
I believe that the DXY is the single most important chart to look at since almost everything is denominated or somehow tied to the USD.
As of now, I am staying away from this market and ready to jump in once I see some opportunities.
I tried to predict the correction top but the dollar cut through that like butter. I had to make some adjustments to my analysis.
My bearish bias still stands unless we take out the major high at 93.73, until then I am looking at the level of 93.474 for a possible reversal.
I believe that the DXY is the single most important chart to look at since almost everything is denominated or somehow tied to the USD.
As of now, I am staying away from this market and ready to jump in once I see some opportunities.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.