USD is about to reach its worst state in 2020 earlier this year.. Now price is at a key support area, if support not holding, we can see USD crash to the next low.
My bias is that USD will continue to go down to the previous low. Buyers are buying DXY to show rejection but betting on something with live economy contradicting the market is just gambling.
With the current state in US, I'm short bias.
*Please note that I am no professional trader, like most of you people. I am still learning and know that trading is only a possibility game. My analysis does not mean it is a signal for entry. If you would like to enter with my analysis, please see if it matches with your analysis & thoughts. I will not be liable for any losses incurred :D *
My bias is that USD will continue to go down to the previous low. Buyers are buying DXY to show rejection but betting on something with live economy contradicting the market is just gambling.
With the current state in US, I'm short bias.
*Please note that I am no professional trader, like most of you people. I am still learning and know that trading is only a possibility game. My analysis does not mean it is a signal for entry. If you would like to enter with my analysis, please see if it matches with your analysis & thoughts. I will not be liable for any losses incurred :D *
