Drive16sg

DXY 24 June 2023

שורט
EIGHTCAP:USDX   US Dollar Index Cash
Hi Traders,

A possibility for Dxy to continue its down trend to the 101.93 which is also my demand area.
Price have broken my bullish trendline as a sign of bearishness. I have alerts on the previous break out area and the Main bearish trendline.

As usual, I use Dxy only as a confluence to help me plan my entries with USD Pairs.
if DXY drops, I will be looking for buys in USD Pairs. But still, its only a confluence that i use. Not to rely entirely on it. Every pair have its own story, its our responsibility to choose what is best for our trading journey.

Have a good weekend!


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Thank you. 👍

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