BullBearMkt

Is NFP is the catalyst to drive Dollar Index to Re-test 97.65?

做多
TVC:DXY   美元指数
Dollar index has been making higher-highs but the last 2 days have witnessed bears dominating the index. Today's candlestick is yet to close, but it's probably likely to close with indecision -just on an intermediate support level. As every traders await Nonfarm Payroll report tomorrow, the question on my mind is - will the NFP drive dollar index down to re-test 97.65 support (thick arrow) or take the index up to re-test the recent swing high (dotted arrows)?

For sure the support at 97.65 will soon be tested, but when is the question. If it spikes down tomorrow to 97.65, that could be a great opportunity to buy dollars on a short term...

PLAN YOUR TRADES AND TRADE YOUR PLANS

Smart Monies trade on Emotions and Sentiments. Let them work for you in taking calculated risks...

-YouTube Channel: @bullbearmkt331
-Telegram: t.me/BullbearMkts
免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。