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Ash_C
19 Th02 2019 07:51

Potential Downfall of the American Dollar 

U.S. Dollar Currency IndexTVC

Mô tả

If DXY breaks below 95.00 in the coming weeks, look to short the dollar against EUR, CHF, CAD, XAU.

Giao dịch đang hoạt động

As we can see, 97.00 was tested again and rejected. The rejection down completed a head and shoulders and pushed the value of the DXY down below to the 0.382 fib. DXY should have a consistent downwards move in the coming days and weeks. Now we should look for the move to the next target at the 0.618 fib level.
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