This a follow up chart on the intraday forecast of Wednesday (https://www.tradingview.com/chart/DXY/Nxvu7QT9-Forecast-Dollar-Index-today/). Expect a retrace to 101.00, then a further advance to 101.75. If really strong 102.00 is a possible secondary target.
Trade active
Update: downside target (101.00) hit. If dollar pushes deeper, look for 100.85 as secondary target. But keep an open mind for reversal up at 101.00.Trade active
Update: First target 101.75 (almost) hit. Just 2 pips short in this feed. Expect Dollar to retrace for another leg higher. New target is 102.00 (tonight or tomorrow).
Sultan of Swing
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Sultan of Swing
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.