DXY Short Idea
The USD has been extremely bearish on the daily timeframe and bearish price action is not showing signs of slowing down.
Currently we are at the 95.00 zone and have to wait for price action to break or bounce from this level.
We have two potential scenarios:
1.Price action continues with bearish momentum breaks 95.00 and retraces. Look to target lower on bearish setups confirming a lower high (The blue trade path) *Most likely scenario*
2.Price action bounces at 95.00 and either consolidates or changes trend. In order to consider long positions we need to be well above 96.50 and in a strong 4hour/daily bullish trend.
The USD has been extremely bearish on the daily timeframe and bearish price action is not showing signs of slowing down.
Currently we are at the 95.00 zone and have to wait for price action to break or bounce from this level.
We have two potential scenarios:
1.Price action continues with bearish momentum breaks 95.00 and retraces. Look to target lower on bearish setups confirming a lower high (The blue trade path) *Most likely scenario*
2.Price action bounces at 95.00 and either consolidates or changes trend. In order to consider long positions we need to be well above 96.50 and in a strong 4hour/daily bullish trend.
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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。