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MYFOREX Analyst
Home Global Financial News

DXY falls more for TVC:DXY by rasindu2003

fxanalyst by fxanalyst
May 21, 2023
in Global Financial News
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FED powell has been made a serious impact to the dollar index which was overbought
because of the huge supply to the DXY.BUT dxy has not touched the valid area to sell .so we could see a simple upside move ment then it falls down ..
By the way DXy has been retraced about 38.2 in fibo levels and also the market had closed when it was retracing so that could be higher probability to come upside and hit tha valid zone move done

Overall trend may down f it breaks the trend line.

GOOD AND DOLLAR LUCK

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