#DXY #Dollar May Keep Rising After A Break - Trading Plan

Traders, We have been long from 91.91 on the dollar. This still is a buy but it may take a break next week. Next week is a month end too so mid week the situation can change drastically. So we may have to revise our analysis. As we have W FCPPattern forming we can expect a downward move for may be 2-3 days of the week (if there is any) then it may pick up bullish strength again. We have nice fibonacci levels present in there as targets. There are both bullish and bearish opportunities available right now on it.
Remember that any change in DXY can change the scenrio for Gold, Silver, EURUSD, GBPUSD, AUDUSD, USDCAD, USDJPY and USDCHF too. USDCAD is very important right now as it is the one driving DXY upwards.


If you found this idea useful, hit the like button and subscribe. If you have your own ideas to share on this market or have a question, comment below so that we can discuss.


Disclaimer:
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
____________________________________________________