Currently, the US dollar has a minimum of five negative downtrends holding it back from full on bullishness, so in order to escape this negativity, the February 2024 candle must start >110.5 price area.
The DXY price action is bouncing inside (Left Photo) both pink triangles; First one until July 2024 and the second; December 2024, But the US dollar has also broke to the downside of (Right Photo) pink triangle & could gravitate somewhere around 106.5 price area, In order to create bullish momentum for DXY Holders 📈
No comments:
Post a Comment