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.
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.