goldtradingexpert

USD Index Nearly Its Correctio Level, Let the marker correct

Largo
TVC:DXY   Índice del dólar de EE. UU.
USD Index Nearly Its Correctio Level, Let the marker correct first, then we can carry buy the USD against all other major currencies except safe-haven assets again.

As an investor and trader, you should buy at a low price and close at a higher price if you can't win at buying and must not make a profit at selling.

From the present condition, 95/95.30 is identified as a rising channel trend-line resistance level. So, the Dollar index may go for a downward correction to 94/93.80 points. So, all the primary currencies may get strong against 70/100 pips against the USD.

So, before you sell any central pair like Eur/USD, GBP/USD, AUD/USD, and NZD/USD or sell USD/CAD and USD/CHF, I suggest you think first. Let the market complete the correction first, then enter. Otherwise, it will be costly.

USD index strong supports identified at 93.50./93.00 points. As long as the market is above 93.00 points, we can continue to buy the USD. Breaking below the 93.00 points, the USD index will change its trend, not before I think so. and the upside target is 96/97.00 in the upcoming days.

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.