DXY H1 SHORT PRICE ACTION FORECAST

Last week the unbeatable and unexpected NFP result was entirely shadowed by the increment of new virus cases and outbreak. The resilient economy in the US was dragged by the concern that the latest outbreak can impose over the country's recovery.

The DXY shows these sellers pressure where the US dollar is losing its grip as a safe-haven asset, with investors moving towards high risks assets, it allows the setup of a short entry.

The order:
Type: sell-limit
S/L: 25 pips - R:R | 1:2 -
T/P: support level

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