DXY was getting out of last week with @ 92.890 and there are high possibility that it will go up even higher in mid-term thanks to
their positive economic performance recently as well as Delta Covid that makes investor keep USD. The news this week also expect to be positive which indicate the USD will rise even more.
If you're looking into the price chart, the 2 major trend lines of tops and bottoms are forming a triangle, in which the price already hit the bottom and expect to go up. The minor bottom trends line also cross 97.000 so I expect DXY to go up even to 97.000 and will sideway to define whether it's going up or down.
My prediction to the current data of the market: Buy DXY, TP 97.000 and SL 91.049
DXY
their positive economic performance recently as well as Delta Covid that makes investor keep USD. The news this week also expect to be positive which indicate the USD will rise even more.
If you're looking into the price chart, the 2 major trend lines of tops and bottoms are forming a triangle, in which the price already hit the bottom and expect to go up. The minor bottom trends line also cross 97.000 so I expect DXY to go up even to 97.000 and will sideway to define whether it's going up or down.
My prediction to the current data of the market: Buy DXY, TP 97.000 and SL 91.049
DXY