DXY: 5-9 December, 2022

4 Ara 2022

Hello traders, here is my view for DXY, check updates below for some other possibilities for next movement.

Let me know in the comment section below if you have any questions. This is just my view and not financial advice.

4 Ara 2022

Not

Scenario 1.1
DXY starts shoots up from current price levels

4 Ara 2022

Not

Scenario 1.2
DXY will spike below last week's low to take out buyers before going higher, we need to wait for change in structure before going long in this case.

4 Ara 2022

Not

Scenario 2
DXY moves below 103.40 to take out buyers before moving higher, will need to wait for change in structure before going long in this case.