Trade weighted Dollar Index: At yearly support
The dollar has found support at a long term level in the yearly chart.
It's clear we'll see a dollar rally, specially against EM currencies for an extended period of time.
We can expect a move to 91.22, but if we manage to move above it, we could see uptrend continuation into the highs, and potentially new highs in the long term.
My reccomendation: Found viable long entries in USD against EM currencies, like the ones I've posted. Focusing on continuation will be an extremely profitable exercise.
See related ideas.
If interested in my trading signals, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.
Cheers,
Ivan Labrie.
Link to Tim West's chatroom: tradingview.com/chat/
We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask.
It's clear we'll see a dollar rally, specially against EM currencies for an extended period of time.
We can expect a move to 91.22, but if we manage to move above it, we could see uptrend continuation into the highs, and potentially new highs in the long term.
My reccomendation: Found viable long entries in USD against EM currencies, like the ones I've posted. Focusing on continuation will be an extremely profitable exercise.
See related ideas.
If interested in my trading signals, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.
Cheers,
Ivan Labrie.
Link to Tim West's chatroom: tradingview.com/chat/
We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask.
Ghi chú
Acting as expected. Solid support.Ghi chú
1 month almost retraced in full, seems promising.Ghi chú
Stopped dead on there...now back up.Ghi chú
Perfect.
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Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.