Unless it brakes the downtrend with a weekly candle close it should bounce back up in long run. should be closely monitored since it will give us a lot of information about current market direction. i expect bouncing back up but we will see.
Trade active
it s desicion time, dxy reached target as expected, i think it should go up from here, weekly candle brake of this level would be meaning dolla going down in hell levels, there is no real crisis atm so it should go back up a bit.Note
we might see all usd pairs changing direction very soon.Note
right now it is touched 96 a nd that is the main reason :))
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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.