ICE:DX DXY US Dollar Index
Trade : Sell Bounce
Entry : 92.5
Target : 77.07 (15.43, +16.68%)
Stop : 95.24 (-2.74, -2.96%)
Posted on Tuesday, December 22, 2020
Note : The dollar index (DXY, ICE : DX) is expected to continue to fall and fall. There seems to be no strong support lines to stop its falling. We may guess, as supports, 85.10, 83.38, 77.07 and 70.48. Resistance could be 95.24.
Is the US dollar still alive?
Or, is it already dead?
US dollar is still alive but barely breathing. Probably, there will be a dollar crash next year. It would be very severe, so it would make people dumbfounded. Even now, the value of US dollar itself is constantly falling and falling. We should see this.
Trade : Sell Bounce
Entry : 92.5
Target : 77.07 (15.43, +16.68%)
Stop : 95.24 (-2.74, -2.96%)
Posted on Tuesday, December 22, 2020
Note : The dollar index (DXY, ICE : DX) is expected to continue to fall and fall. There seems to be no strong support lines to stop its falling. We may guess, as supports, 85.10, 83.38, 77.07 and 70.48. Resistance could be 95.24.
Is the US dollar still alive?
Or, is it already dead?
US dollar is still alive but barely breathing. Probably, there will be a dollar crash next year. It would be very severe, so it would make people dumbfounded. Even now, the value of US dollar itself is constantly falling and falling. We should see this.
Trade closed: stop reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.