How to trade DXY this Sunday
As we can see here DXY made a huge gap down before EU could catch up leading me to believe the EU will open with a strong bullish move up, entry would be on the retest of the area it sprung from.
96.15-96.25 area seems to be holding as support and I will be playing it as such(indicated by the blue line).
First targets are new lows around 96
96.15-96.25 area seems to be holding as support and I will be playing it as such(indicated by the blue line).
First targets are new lows around 96
Note
Correction: 96.15-96.25 IS RESISTANCE not support
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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.