DXY 23 July 2023
Hi Traders,
We would like to see DXY to continue its rally. Pushing back up above 101.5 which is also the 0.5 Level of our Fibonacci.
We expect to see that price will respect the bullish trendline. If broken, this plan will not be valid. A first sign that DXY will continue its downtrend.
As usual, We use DXY as an indicator on USD strength. We have the Feds on this coming week.
Our target : 101.8
Follow us and hit the Boost if you like our charts.
Thank you and trade safe. 👍
We would like to see DXY to continue its rally. Pushing back up above 101.5 which is also the 0.5 Level of our Fibonacci.
We expect to see that price will respect the bullish trendline. If broken, this plan will not be valid. A first sign that DXY will continue its downtrend.
As usual, We use DXY as an indicator on USD strength. We have the Feds on this coming week.
Our target : 101.8
Follow us and hit the Boost if you like our charts.
Thank you and trade safe. 👍
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