Watch the weekly trend line (orange line) if it can hold the price or not. There is a good opportunity for DXY to go down.
MOVES Trading is a new strategy benefiting from both UP & DOWN MOVES with the ability to determine TOPS and BOTTOMS for each MOVE depending on moving averages, trend and price action.
MOVES Trading is a new strategy benefiting from both UP & DOWN MOVES with the ability to determine TOPS and BOTTOMS for each MOVE depending on moving averages, trend and price action.
Note
Keep this trade as the weekly trend line has shifted from resistance to supportTrade active
The weekly trend line has shifted to a resistance level.
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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.
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.