$DXY - Will Confluences of Support-Zone Hold ?

2022年6月27日

Dollar Index currently at a zone of mutual confluences coming as Support
Important day(s) for DXY this week
Make it or Break it !
Will it Hold Uptrend?
Does Macro indicates a Strong Rallying 'Mighty' DXY up to 111 Level ?
Rate Hikes!
Inflation!
Slowed down Economy since 2020 due to Covid-19 Pandemic
War!
Arising tension on Horizon between China and Taiwan, will America intervene?
There are a lot going on for the World and the DXY



Confluences of Support Zone;

-20EMA on the Daily
-Orange Trendline Support
- 0.618 White Fibbonaci Levels (103.6 for the DXY) (also being a good stoploss for the entry from here)

*MACD signal line crossing down, weak momentum?
*RSI regular-bearish Divergence
Lagging still helpful indicators!
Today's price action of candlestick close and tomorrow's opening are key indicators to tell us how DXY will perform in the short-midd term (rest of 2022)

Until the next one with confirmations,
Trade Safe!

NOTE that this is not Financial Advise !
Pleade do your own research before basing your action soly on this idea

2022年6月27日

註釋

Here's your LONG entry now if you're impatient waiting for completed candlesticks Confirmations!
Low risk Stop LOSS

2022年6月30日

註釋

2022年7月5日

註釋