DXY: Dollar Index Update
Been waiting for DXY to come back to 94.28 at least, if not to 93.99
(and potentially a spike to an extreme low off the lower trend line at
worst) before the Dollar begins its next surge higher...
But it's putting up a fight at 94.45 in London today.
It can still come off from around 94.70 mark though so getting
the turn here is tricky...now need to see a break above 94.70
by 5 pips to get long for move up to 96 initially, and much
higher still over the medium term.
In adsence of such price action it's a waiting game a little longer,
looking for a retest of 94.28 or ideally 93.99 before looking to go long again.
Been waiting for DXY to come back to 94.28 at least, if not to 93.99
(and potentially a spike to an extreme low off the lower trend line at
worst) before the Dollar begins its next surge higher...
But it's putting up a fight at 94.45 in London today.
It can still come off from around 94.70 mark though so getting
the turn here is tricky...now need to see a break above 94.70
by 5 pips to get long for move up to 96 initially, and much
higher still over the medium term.
In adsence of such price action it's a waiting game a little longer,
looking for a retest of 94.28 or ideally 93.99 before looking to go long again.
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.