DXY is looking for bottom

Price has found support at 96.50 area and stuck between 96.50 and 97.

This week we're watching 97 level, if it's broken we may have a chance to long this pair at re-test.

Like and comment if you find value in our analysis.

Feel free to post your ideas and questions at the comments section.

Good luck


NOTES:

- All trades are executed with a valid signal of our own. As a trader you should develop and test your own entry protocol.
- We never trade just because the price reaches the trading zone. This also means that not every idea is a valid trade.
- Our analysis are trading ideas not trading signals for you. Therefore questions about the status of the trade, stop loss, take profit levels won't help your progress to be a better trader.
- Instead of trying to take this trade and win small profits, focus on the analysis and how to create your own trading style.

Best Regards.

Yorum:

96 is broken, US Dollar continues to drop