Ben_Thorneywork

Bullish USDX retracement respects support level

Long
TVC:DXY   Indice devise Dollar U.S.
The USD index has been showing bullishness until last week where we have seen a week long retracement back down to a previous resistance turned support level. This level also correlates with the 62% fib retracment level. After testing these levels on thursday, the asset formed a pin bar and broke market structure to the upside on Fridays close last week. Upside targets are 94.7 & 95.7

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.