DXY: NICE BULLISH SIGNAL

10 thg 6, 2020

As mentioned in the chart that Dollar Index is making lower lows and RSI is not making lower lows, which clearly indicates that this is not the time to go short on DXY. Today inflation data and FOMC meeting both can be the catalyst to take the Dollar to upwards for a decent correction. I would suggest that this is the nice time to BUY dollar.

Trading Recommendations: LONG@ 96.20, Stop@ 95.70. TP 97.80