Hello Traders!
On DXY I see it still going to the downside. We are right now at a daily Supply Zone. This Zone is a potential returning point in the market. If we have a look at the other timeframes. The Trend is downtrend. We can see this on all timeframes. Right now DXY made a correction to the upside. This is why a lot think that it will go back to the upside. But this is simply a correctional move. If we want to see the DXY going more to the upside than we need to break first the resistance that I market on the chart. Let's see what will happen.
That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.
Thank you and we will see next time
- Darius.
On DXY I see it still going to the downside. We are right now at a daily Supply Zone. This Zone is a potential returning point in the market. If we have a look at the other timeframes. The Trend is downtrend. We can see this on all timeframes. Right now DXY made a correction to the upside. This is why a lot think that it will go back to the upside. But this is simply a correctional move. If we want to see the DXY going more to the upside than we need to break first the resistance that I market on the chart. Let's see what will happen.
That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.
Thank you and we will see next time
- Darius.
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✔️Instagram: instagram.com/dariusfxtrading
✔️ Telegram(german): t.me/dariusfxtrading
✔️ Top Broker💯 my.roboforex.com/de/?a=skxb