DXY (Dollar) Possible Upward Correction In The New Year
Traders, DXY is inside a higher time frame FCP Zone (Fibonacci Confluence Pattern) Zone and also a monthly demand zone. Another demand zone is just below. Dollar is expected to be bullish in coming months quite possibly starting in Jan 2021. However as Dec monthly candle was a string bearish one, it may not happen almost immediately in Jan 2021. So always wait for a proper confirmation.
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The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
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✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums.
✅ Follow me for future ideas, trade set ups and the updates of this analysis
✅ Don't hesitate to share your ideas, comments, opinions and questions.
Take care and trade well
-Vik
____________________________________________________
📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
____________________________________________________
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