( DXY POTENTIAL CRASH ) US Dollar Currency Index Chart Analysis
For some time now the dollar has been crashing. Now, if you look at the 
DXY on your monthly chart from the 20th century to the 21st century. Price has shown clear signs its been in a downtrend channel for long time now. since recently around 2016 price finally tapped the channel once again, and now i believe price is looking to hit 80$ or even lower since my consolidation area has been broken.
ADDED INFO FOR NOVICE/CURIOUS TRADERS
I do not trade the DXY solely i just happen to use it as an indicator for the USD pairs that i trade. The movement on the DXY can have significant effects on currency pairs.
DXY on your monthly chart from the 20th century to the 21st century. Price has shown clear signs its been in a downtrend channel for long time now. since recently around 2016 price finally tapped the channel once again, and now i believe price is looking to hit 80$ or even lower since my consolidation area has been broken. ADDED INFO FOR NOVICE/CURIOUS TRADERS
I do not trade the DXY solely i just happen to use it as an indicator for the USD pairs that i trade. The movement on the DXY can have significant effects on currency pairs.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.