DXY (Dollar/USD) & EURUSD Technical Analysis & Forecast June 12

Traders, DXY went higher after a shallow correction as expected. There are few scenarios now which we should consider especially if we are long on dollar. These levels and conditions can make dollar fall.

In this DXY (Dollar/USD) Technical Analysis & Forecast lets study those conditions along with EURUSD analysis.


There are 2 reasons for its possible falls too in the future:
1. There are several gaps left and the lowest one is around 90
2. W pattern makes a market fall from few specific levels.
So beware of these 2 cases.

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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📌 DISCLAIMER
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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