DXY is up this morning following Trump's speech.
The Dollar is making another attempt to break above 102$ and continue towards 105$ to complete the bearish Crab pattern.
102$ is still a level that you can try and short DXY (or go long Majors) but notice that the Dollar bounced from the trend line and the Fast MA line - This is a sign of strength... not weakness.
Next high impact event for USD will be Yellen's speech on Friday.
The Dollar is making another attempt to break above 102$ and continue towards 105$ to complete the bearish Crab pattern.
102$ is still a level that you can try and short DXY (or go long Majors) but notice that the Dollar bounced from the trend line and the Fast MA line - This is a sign of strength... not weakness.
Next high impact event for USD will be Yellen's speech on Friday.
Nota
Failed to break above 102$ - Bearish sign? Still above uptrend - Bullish sign?
The Dollar can't find direction.
Critical levels remain valid.
Read my updates and more trading ideas - Link in signature
Nota
Trend Line continues to provide support - Eyes on the Fed. Breakout above 102$ or a crash below 100$
We will know by the end of the week
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.