husaynirfan

US DOLLAR INDEX going bear

做空
TVC:DXY   美元指数
Price currently breaking 93.00. Based on price action on M15 timeframe, price may either retest the 93.00 or keep the bearish until 92.84. If the bearish not succeed, we ma put attention on 93.08 level, as if the price break the level, it may easily succeed in bullish to the 93.32 until 93.46. However, taking the fundamental factor, US keep banning the china products, even though through the phase 1 trade between China and US, China do bought and increase quantity of purchase from US. This may likely cause the bearish of US DOLLAR INDEX for the current time.
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