Upside trend should be confirmed (started 1h before last ECB & FED press conferences) ... A continuous bullish move we`ll see by prices above 103.56 (last week high & yearly high) and bearish move by prices under 101.78 (last week temporarly high). But prices above 99.11 still are still don`t damging the slightly bullish picture (on higher time frames) ...
How ever, important, while last days before christmas, are at least in my opinion, the 3 last weekly highs (102.05 & 101.83 & 101.74). If they holds this week, we should trade DXY higher while over next week. Prices between 102.62 & 102.21 could be something like a make or break area - even after the bullish flag, which confirmed the bullish upside trend (after last ECB & FED press conferences), All in all still a pretty picture for the DXY ?! How pretty bullish/bearish we`ll see (while next days until christmas) :)
Take care & analyzed it again - it`s always your decission ... (for a bigger picture zoom the chart)
This is only a analysis (for swing traders) - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ...
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.