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JoeChampion

DXY Potential Downsides after a dovish FOMC

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Trend Analysis Beyond Technical Analysis Fundamental Analysis DXY dollar buy LONG Bullish Patterns Technical Analysis Indices Contains image
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trendanalysis beyondta fundamental dxy dollar buy long bullish technicalanalysis indices containsimage
Hey Traders, in the coming week we are monitoring DXY for a selling opportunity around 104.6 zone. DXY is trading in a downtrend and extending pullbacks seems to be approaching the major trend around 104.6 support and resistance zone. Fundamentally the last FOMC was dovish and shows fed intents to pivot so that should give good opportunities on Dollar shorts, cryptos long and stocks long.
Trade safe, Joe.
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