vikinsa

DXY Can Rise Higher to the 200 SMA On Weekly Time Frame

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TVC:DXY   美元指數
Traders, I have writing to you about DXY rising to 95/96 levels since the last year when nearly everyone and media have been bearish on it. DXY now has Weekly SMA in sight. It can take little breaks along the way but it seems to have fund good strength. If it continues to maintain this strength then, it will reach that 200 sma . In fast due to formation of the W pattern which can be extended one now, it can go to near about 96 too.

So watch out for trading opportunities in this market and the related ones such as: EURUSD , AUDUSD , GBPUSD , USDCCADH, USDJOY, USDCHF and GOLD ( XAUUSD ).

Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too

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Take care and trade well
-Vik

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The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
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