Mihai_Iacob

DXY- Correction round the corner?

Short
CAPITALCOM:DXY   US Dollar Index
I'm bullish USD for quite some time and my 103-104 zone target was just hit.
Although I will remain bullish in the long term, at this moment I believe a correction will follow.
Looking at the monthly posted chart we can see that DXY is trading in a very strong resistance zone, market by 2017 and 2020 highs.
That being said, a drop to 100 is very probable for the index.

🚀 Elevate your trades with a 20-year market veteran!

📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals

💎 Crypto Channel:
t.me/FanCryptocurrency

🌟 Premium Contact:
t.me/IacobMihai
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.