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simonparris_
Jan 31, 2021 5:12 AM

- - dxy analysis and game plan for this week - - Short

U.S. Dollar Currency IndexTVC

Description

DXY FORECAST:

- the DXY could possibly reach 92.0 before continuing the downtrend channel to lows of around 88.247
- Dollar weakness suggest some buys will possibly be available on eur/usd since they are inversely correlated.
- Open to the possibility that the DXY has already made its bullish push and may continue, meaning it may not reach lows of around 88.
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