Mihai_Iacob

DXY- What's up with the US Dollar

Pembelian
TVC:DXY   Indeks Dollar A.S.
In my previous DXY analysis, I wrote that, after the false break from mid-July, USD most probably reversed to the upside, and there are clear signs of this:
1. After the false break we have a strong bullish engulfing candle that confirms the old support (green rectangle)
2. Long-tailed Pin Bar candle that confirms the break above the falling trend line (red rectangle)

At this moment, the index is testing a horizontal resistance and yesterday we had a reversal candle.
In my opinion, this candle is not signaling reversal but, in the best case, a minor correction.
This correction should be considered a good chance to search for selling opportunities for USD pairs and my main focus is on EurUsd and AudUsd



🚀 Elevate your trades with a 20-year market veteran!

📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals

💎 Crypto Channel:
t.me/FanCryptocurrency

🌟 Premium Contact:
t.me/IacobMihai
Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.