Two days ago I published charts on DXY.
The US Dollar was approaching a down-trend line at $94.30. I cautioned you at the time that DXY must breakout to the upside at this level.
After several attempts, DXY failed.
I sold my long DXY positions on May 11th, 2016.
In my opinion, DXY will remain in a down-trend until $94.30 is broken convincingly to the upside.
Please look at the next chart, USDJPY. This reversed as the DXY failed at $94.30.
I hope this has been helpful. I hope all of your trades go well. Don.
The US Dollar was approaching a down-trend line at $94.30. I cautioned you at the time that DXY must breakout to the upside at this level.
After several attempts, DXY failed.
I sold my long DXY positions on May 11th, 2016.
In my opinion, DXY will remain in a down-trend until $94.30 is broken convincingly to the upside.
Please look at the next chart, USDJPY. This reversed as the DXY failed at $94.30.
I hope this has been helpful. I hope all of your trades go well. Don.
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.