DXY weekly direction for this week
Looking at the weekly in DXY ,looking for uptrend.
The PL might work as the rejection, the H1 line which you can will act as a support/resistance when market approaching that level.
If the market broke below the PL and H1 near PL. The market have shifted the direction to SELL.
Remember US election just around the corner.
Market will react to the economics events instantly.
So if any spike during this week and next week or rally towards to the upside or downside its normal during US Election season.
Beware with the trade SL when entering the trade. Always manage your RISK %.
The PL might work as the rejection, the H1 line which you can will act as a support/resistance when market approaching that level.
If the market broke below the PL and H1 near PL. The market have shifted the direction to SELL.
Remember US election just around the corner.
Market will react to the economics events instantly.
So if any spike during this week and next week or rally towards to the upside or downside its normal during US Election season.
Beware with the trade SL when entering the trade. Always manage your RISK %.
Penafian
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