DXY Analysis. Next week plan.
Hello Everyone. I want share my idea about USDOLLAR index.
Last week was strong bearish, but this week we saw some correction. it broke Daily resistance last week and this week came for retest. I think present point for short entry is good opportunity. from here i expect movement to 97.8, at this LVL we have weekly support.
This is my 2 scone of price movement.
1 Bullish - price brake given resistance at 101.1 strong, then it coming back slowly for price correction and then going strong up again and brake all resistances.
2 Bearish - from the point what we have at the moment price has rejection and continues bearish trend, coming to weekly support at 97.8 where will be my take profit.
Be patient!
Last week was strong bearish, but this week we saw some correction. it broke Daily resistance last week and this week came for retest. I think present point for short entry is good opportunity. from here i expect movement to 97.8, at this LVL we have weekly support.
This is my 2 scone of price movement.
1 Bullish - price brake given resistance at 101.1 strong, then it coming back slowly for price correction and then going strong up again and brake all resistances.
2 Bearish - from the point what we have at the moment price has rejection and continues bearish trend, coming to weekly support at 97.8 where will be my take profit.
Be patient!
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