In early October, I wrote that the multiple attempts to break below the support level given by the beginning of the year price were likely false breaks.
I suggested that the DXY (U.S. Dollar Index) was primed for a reversal to the upside, which could potentially push the price toward the 104 resistance level.
As anticipated, the USD Index reversed and touched this key resistance.
Looking ahead, a correction from this point seems probable, with the 102.50 zone being a possible target in the coming days.
My strategy is to look for buying opportunities in EUR/USD and AUD/USD.
I suggested that the DXY (U.S. Dollar Index) was primed for a reversal to the upside, which could potentially push the price toward the 104 resistance level.
As anticipated, the USD Index reversed and touched this key resistance.
Looking ahead, a correction from this point seems probable, with the 102.50 zone being a possible target in the coming days.
My strategy is to look for buying opportunities in EUR/USD and AUD/USD.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Penerbitan berkaitan
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.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Penerbitan berkaitan
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.