Hey traders! Mani here and I want to share some info on the DXY.
Before I do that, let me explain what it is for those who might not be familiar with this.
DXY, often referred to as the "Dollar Index," is a widely recognized and used benchmark in the world of trading and finance.
It measures the value of the United States dollar (USD) against a basket of major world currencies.
The purpose of the DXY is to provide traders, investors, and market participants with a way to assess the overall strength or weakness of the US dollar in comparison to other major currencies.
I am expecting more bullish activity in the DXY and then next week will start a correction...
This will cause a lot of shifting to happen with some currency pairs.
Which means big trades are coming!
If you want to get in on some massive moves coming next week, my tipping point system will be actively trading these moves.
You can see more about this system and how me and the team here at Trading Strategy Guides developed it.
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