DXY idea long
Here I mean several forecast options at once.
The price has reached a weekly level fibo 0.886 and a monthly level fibo 61,8.
Due to the fact that chaos happening in the world due to coronavirus and a sharp drop in oil prices, I suggest that price can reach level minimum 110 and 120.
In 1st scenario the formed of a monthly channel and the target is the upper line of the channel.
In 2nd scenario the formation of a weekly channel and the target 103.8 .
Here I mean several forecast options at once.
The price has reached a weekly level fibo 0.886 and a monthly level fibo 61,8.
Due to the fact that chaos happening in the world due to coronavirus and a sharp drop in oil prices, I suggest that price can reach level minimum 110 and 120.
In 1st scenario the formed of a monthly channel and the target is the upper line of the channel.
In 2nd scenario the formation of a weekly channel and the target 103.8 .
