DXY (US-DOLLAR) testing a potential reversal-zone
Hey tradomaniacs,
What a wild ride today in the market.. I can just shake my head as we`ve seen a complete whipsaw with the US-Session.🙈
Yep.. its monday and the last day of the month which is often shaky, especially now ahead all these events.
Looking at DXY (US-DOLLAR-INDEX) we can clearly see a re-test of a strong support-zone which is getting tested right now.
The S/H/S-Breakout got faked during the london-session, which was for me a great evidence for a long. After that we`ve seen a fakeout above the secondary trendline of the head and second shoulder and so a break down with risk-on in equities.
What a wild ride today in the market.. I can just shake my head as we`ve seen a complete whipsaw with the US-Session.🙈
Yep.. its monday and the last day of the month which is often shaky, especially now ahead all these events.
Looking at DXY (US-DOLLAR-INDEX) we can clearly see a re-test of a strong support-zone which is getting tested right now.
The S/H/S-Breakout got faked during the london-session, which was for me a great evidence for a long. After that we`ve seen a fakeout above the secondary trendline of the head and second shoulder and so a break down with risk-on in equities.