DXY: breakout, go Long.

27 ก.ย. 2020

Following my analysis last weeks, US Dollars decided to breakout upwards. This suggests that dollar has chosen a direction and it is expecting further appreciation in the future. Be prepared for a drop in gold price and other commodity.

For those you miss the trend but want to get onto the train. Do not worry. Wait for a retract back to the support line. Once the price bounces the support line, the upward trend should be expected.