DXY dollar path and direction
Hello everyone
This month DXY dollar price action we could see a breakout pattern similar to April 2018 as shown in the chart
Uptrend trend line since 2014 has not breached yet however Weekly candle close below this trend line will trigger a huge sell to next demand zone Weekly close above the downtrend trend line could target supply zone above
You have to be careful it could also be a fake breakout with election coming and the world fundamentals right now anything possible
Feel free to ask any question :) and good luck everyone
This month DXY dollar price action we could see a breakout pattern similar to April 2018 as shown in the chart
Uptrend trend line since 2014 has not breached yet however Weekly candle close below this trend line will trigger a huge sell to next demand zone Weekly close above the downtrend trend line could target supply zone above
You have to be careful it could also be a fake breakout with election coming and the world fundamentals right now anything possible
Feel free to ask any question :) and good luck everyone
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