OCCTANS_TRADING

DOLLAR INDEX --BEARISH?

Short
OCCTANS_TRADING Updated   
TVC:DXY   U.S. Dollar Index
As Per daily Price Action Dollar Index Broke Lower Side Range 105 level and Sustain Below and Also Price Cross below 50 Ema And RSI Also Cross Below 40 Which Is not Good Sign For Index . We Can See Further Down move In Dollar Index.
Wait For Decent bounce In 1 hour Time Frame It Could Be Good Lower Side positional trade ..
Stop loss :- Above 106 Level
Target:- 104.193
Please consult your financial advisor before investing
All research is for educational purposes only.
Trade closed: target reached:
Target Hit

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.