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US DOLLAR CURRENCY INDEX
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DXY After brushed the floor at 38.2%, target at 50% Extension

I'm expecting DXY to move up to 50% Fib Extension, that will sync the structure with past lower lows from March / April, and then to complete a retracement from all this uptrend, moving down, between 50% and 61.8% fib retracement.

Similar movement (inverted), expected with Euro/Dollar pair.

Have nice trades.
Andre_Cardoso
I am a financial market analyst based in Porto, Portugal. I provide market forecasts to a group of professional traders, playing a crucial role in assisting them in making well-informed decisions in the financial markets.
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dollardollar_indexDXYdxy_shortEUReuroeurodollareurusdlongUSD
Andre_Cardoso
I am a financial market analyst based in Porto, Portugal. I provide market forecasts to a group of professional traders, playing a crucial role in assisting them in making well-informed decisions in the financial markets.
Juga di:

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