InvestMate

💲Dollar However, Chooses The South💲

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TVC:DXY   موشر الدولار الأمريكي
💲Dollar However, Chooses The South

💲Looking at the dollar's behaviour today, we can see that it has rebounded from a strong resistance zone and started a southward movement.

💲As recently as yesterday, it could have been assumed that we would see an upward correction.

💲But the market today dispelled all doubts.

💲Looking at the technical environment, given that we are under the two moving averages 50 and 200 and the MACD and RSI are generating downward signals. I have no doubts about the continuation of the downward movement.

💲The scenario I am playing out is a continuation of the declines to the defined support zone. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.

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