Likely Scenario for DXY & BTCUSD
Fundamentally speaking, last Friday’s jobs report was strong and inflation figures continue to climb. For this reason, expect to see further upside with the Dollar Index ( DXY ) and thus weakness with BTCUSD .
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Trade Safe – Trade Well
Regards,
Michael Harding 😎 Chief Technical Strategist @ LEFTURN Inc.
RISK DISCLAIMER
Information and opinions contained with this post are for educational purposes and do not constitute trading recommendations. Trading Forex on margin carries a high level of risk and may not be suitable for all investors. Before deciding to invest in Forex you should consider your knowledge, investment objectives, and your risk appetite. Only trade/invest with funds you can afford to lose
