Let's take a look at DXY (US Dollar Index).
DXY must always be considered before any trading decision with the majors as its levels and direction has the greatest impact.
The US Dollar is now losing momentum.
If the red line is broken cleanly then we can expect USD to start trending downward to the key levels as shown.
You get paid for being patient. You get paid for trading against the herd. You get paid for trading with the flow.
DXY must always be considered before any trading decision with the majors as its levels and direction has the greatest impact.
The US Dollar is now losing momentum.
If the red line is broken cleanly then we can expect USD to start trending downward to the key levels as shown.
You get paid for being patient. You get paid for trading against the herd. You get paid for trading with the flow.
1