DXY US Dollar Index (Y20.P4.E2.v4).TA.Short term

20 oct. 2020

Hi,

*** This is another continuation post (v4) from the previous version, as per my posting methodology where I like to link the trading story where its applicable ***
Link supplied below:


MY THOUGHTS:
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> Price drops below support
> Price tests support as resistance and gets rejected, hence more downward pressure, as per indicators suggest.
> Price will find support at the next fib level and try testing the previous resistance and fail;

Hence the next level of strong support, double bottom


Please give me a like or tick for this post.


Regards,
S.SAri

Macro view

23 oct. 2020

Note

a bit of a double bottom on the indicator, DXY up today.

6 nov. 2020

Note

A.chart update... in sync with the forecast so far.