DXY (Dollar) Important Levels & Zones - April 2021 Update!

Traders, Dollar (DXY) has been rising since the start of this year. This was expected because it hit the FCP and demand zones. On multi year time frame it is running inside a channel which can push this upto mid of the of the channel around 95.5/96 area.

As FCP W pattern has formed, we expect dollar to give us some correction which can give us good short opportunities. As the higher time frame bias remains bullish on dollar, this correction can also give us an opportunity to add/initiate long positions.


Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too

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-Vik

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📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
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