As we all know the DXY is a basket of currencies that are competing against the US Dollar. it goes up when the dollar gain strength and there are currencies pair that are negatively correlated such as EURUSD and GBPUSD.that mean if the dollar goes up EU and GU will head down..
Major daily higher lower have not yet been broken so am still looking for a buy opportunity if price open and push down to the higher lower and fail to break I will be looking to buy and likewise sell EU thanks..
Please feel free to comment about the analysis
Thank you.
Major daily higher lower have not yet been broken so am still looking for a buy opportunity if price open and push down to the higher lower and fail to break I will be looking to buy and likewise sell EU thanks..
Please feel free to comment about the analysis
Thank you.