US Dollar IndexShort
DXY Medium cycle analysis
DXY was in a trading range
now its brake that and pulled back. also its brake the trend line, its a grate setup.
also we have a fundamental
confirmation too.
when the CB Consumer Confidence news was good for Dollar we just saw a bullish candle in 5M. However we see bearish candles later.
its show us the weakness of dollar.
- how much it can move ?
my first target is the midline of the trading range.
and my second target its the resistance level of trading range.
Its just my personal comment please don't trade whit this.
thanks for your attention.
now its brake that and pulled back. also its brake the trend line, its a grate setup.
also we have a fundamental
confirmation too.
when the CB Consumer Confidence news was good for Dollar we just saw a bullish candle in 5M. However we see bearish candles later.
its show us the weakness of dollar.
- how much it can move ?
my first target is the midline of the trading range.
and my second target its the resistance level of trading range.
Its just my personal comment please don't trade whit this.
thanks for your attention.
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