DXY BEARISH FORECAST
🔵 DXY PRICE FORECAST
The DXY has been on a rally to the topside for the past few weeks and a bearish momentum is expected to kick in as It has traded into our higher time frame area of interest for a possible sell. We are currently observing price action in the lower time frame for bearish break in market structure in other to make a good sell entry.Good sell entries will be around 104.465 - 104.930 with stoploss at 105.4.
We will be paying close attention to see how the new week opens.
The DXY has been on a rally to the topside for the past few weeks and a bearish momentum is expected to kick in as It has traded into our higher time frame area of interest for a possible sell. We are currently observing price action in the lower time frame for bearish break in market structure in other to make a good sell entry.Good sell entries will be around 104.465 - 104.930 with stoploss at 105.4.
We will be paying close attention to see how the new week opens.
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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.
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.