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💬 Discussion#forex#technical-analysis
W

Wolf Alpha

Trader · · 543 views

EUR/USD and DXY (Dollar Index) are nearly 95% inversely correlated. Instead of analyzing EUR/USD alone, I always check DXY first. If DXY is at resistance and showing bearish momentum, EUR/USD is likely to rise. Always confirm with the index.
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💬 2 Comments

TW

Trading Wolf

Trader · 15 days ago

Agree with the bias. Adding to watchlist.

👍 10
WC

Wolf Cub

Trader · 15 days ago

Great analysis! Watching this closely.

👍 7

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