Mihai_Iacob

Will DXY break above very important resistance?(long term view)

Pembelian
CAPITALCOM:DXY   US Dollar Index
Since 2015, USD Index is trading in two ranges: one between 92 and 100, and the large range boundaries, between 90 and 104.
After a strong and clear break in mid-April of 100 resistance, DXY has accelerated its gains and now is trading exactly under 104 resistance.
If you also look at the daily chart you can see that a small triangle is forming under this resistance, giving us the idea that a break up is imminent.
I expect another 10% rise for DXY to around 115 and only if the index falls back under 100 I will change my very strong bullish outlook for the Dollar

🚀 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.