DXY UPDATE
In the last update i mentioned that if price respects the last demand we could see higher points for DXY.
Price fell rapidly while creating a Daily Supply.
Monthly and Weekly Timeframe is still bullish and we are in the mitigation areas of those demands.
Price liquidated last bottoms and should start to rice from these points.
We need to see upward changes here before opening downward positions in sterling and euro.
#Dollar
#DXY
#GBP
#Nasdaq
#Inflation
Price fell rapidly while creating a Daily Supply.
Monthly and Weekly Timeframe is still bullish and we are in the mitigation areas of those demands.
Price liquidated last bottoms and should start to rice from these points.
We need to see upward changes here before opening downward positions in sterling and euro.
#Dollar
#DXY
#GBP
#Nasdaq
#Inflation
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.