EIGHTCAP:USDX   US Dollar Index Cash
Hi Traders,

A possibility for Dxy to continue its down trend to the 101.93 which is also my demand area.
Price have broken my bullish trendline as a sign of bearishness. I have alerts on the previous break out area and the Main bearish trendline.

As usual, I use Dxy only as a confluence to help me plan my entries with USD Pairs.
if DXY drops, I will be looking for buys in USD Pairs. But still, its only a confluence that i use. Not to rely entirely on it. Every pair have its own story, its our responsibility to choose what is best for our trading journey.

Have a good weekend!


Follow me and hit the Boost if you like my charts.

Thank you. 👍

إخلاء المسؤولية

لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.