DXY > When Does the USD Buying Attempts Will Work?

> Kindly like the ideas if it is helping you and leave a comment, it will support me and provide a motive to keep posting new profitable trading ideas for you 😉⠀

Analysis of #DOLLAR

how many got burned from buying USD? I think a lot of traders.

I was only trading EUR, GBP to the long side, and was successful doing it and I did try USD to the long side twice against USDCAD, it was a huge fail as non of my attempt did work.

I think he bearish side got exhausted, but the dollar keeps on falling down especially after the historic decision from the FED yesterday, the only worst scenario for the dollar is the negative interest rate and I do not think the FED is considering it, and there is no need to, so I think dollar priced all the bad news and might start rising soon


Check today analysis below⠀
_____________________________________________________________________________⠀
-DISCLAIMER: This Information Is Not a Recommendation to Buy or Sell. It Is to Be Used for Educational Purposes Only⠀
-⚠ Please Note This Is Just a Prediction and I Have No Reason to Act on It and Neither Should You
Beyond Technical AnalysisParallel ChannelsignalserviceSupport and Resistancetradingaxis

更多: