DXY Long Idea
Last week we saw a major bounce from the 95.00 support level pushing price action up to 98.70 at close
From this current scenario it is likely to see the 100.00 level hit as momentum seems to be very strong.
Anticipate some sort of reaction from the 100.00 level if normal market conditions are present.
Be aware any major news in the U.S will cause a market reaction
Last week we saw a major bounce from the 95.00 support level pushing price action up to 98.70 at close
From this current scenario it is likely to see the 100.00 level hit as momentum seems to be very strong.
Anticipate some sort of reaction from the 100.00 level if normal market conditions are present.
Be aware any major news in the U.S will cause a market reaction