DXY Bearish Idea
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: Looking bearish on the USD as we enter the new year. We ended the year with some consolidation near our 103.800 zone followed by a recent break of 103.800.
Looking into this week it’s likely we will see the USD continue bearish. Look for lower highs to confirm further downside movement.
Trade scenario 2: For us to see the USD as bullish again on this 4hour timeframe we need to see higher lows above 103.800 with convincing price action.
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: Looking bearish on the USD as we enter the new year. We ended the year with some consolidation near our 103.800 zone followed by a recent break of 103.800.
Looking into this week it’s likely we will see the USD continue bearish. Look for lower highs to confirm further downside movement.
Trade scenario 2: For us to see the USD as bullish again on this 4hour timeframe we need to see higher lows above 103.800 with convincing price action.
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.