DXY Bullish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Price action is very bullish after a large rally from last week. We saw a significant push above 93.800 and now we’re waiting for a higher low to confirm structure.
If we can confirm a higher low near 38.2% and new support at 93.800 we will be looking at a bullish dollar into next week.
Trade scenario 2: For us to consider the dollar bearish again we would need to see a break back below 93.800. If we can confirm a lower high below it’s likely we will see price action fall.
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Price action is very bullish after a large rally from last week. We saw a significant push above 93.800 and now we’re waiting for a higher low to confirm structure.
If we can confirm a higher low near 38.2% and new support at 93.800 we will be looking at a bullish dollar into next week.
Trade scenario 2: For us to consider the dollar bearish again we would need to see a break back below 93.800. If we can confirm a lower high below it’s likely we will see price action fall.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.