The DXY is pumping absolutely beautifully to the upside🦾 Huge momentum currently in the markets, which'll carry on pushing DXY towards $108. $107 - $109 will be a good price to start shorting USD markets for the long term.
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The DXY has pushed even higher since last week. We've seen this choppy price action trap in a lot of early sellers, who are expecting the Dollar to plummet this early on. But everyone following my analysis, is staying on the right side of the market. Keeping our capital protected & not gambling. DXY up 280 PIPS (2.8%) from our POI🫶
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The DXY is very fast approaching our take profit zone. Now up 560 PIPS since we called it back in April, so feel free to start closing partial profits if you bought the Dollar. Should see Dollar buyers slowly lose momentum before dropping, which'll further support our long term Gold buy's!
