U.S. Dollar IndexShort
DXY - ANALYSIS
Hello, everyone! I hope you're all doing well. Today, I want to share my personal view on the Dollar Index (DXY) with you.
Based on what I see from the Dollar Index, I’m expecting a price drop toward the 108.07 level. After DXY reaches that zone, I see two possible scenarios:
👉 Scenario One: The Dollar Index bounces upward from that zone and starts a bullish move.
👉 Scenario Two: If the 107.740 level breaks on the1h timeframe, we could see further downside for the Dollar.
Trade safe
Based on what I see from the Dollar Index, I’m expecting a price drop toward the 108.07 level. After DXY reaches that zone, I see two possible scenarios:
👉 Scenario One: The Dollar Index bounces upward from that zone and starts a bullish move.
👉 Scenario Two: If the 107.740 level breaks on the1h timeframe, we could see further downside for the Dollar.
Trade safe
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