US Dollar Index:
Yesterday, the US dollar index fell by 0.65% to 112.41, but it rose later. Yesterday, Federal Reserve official Mester also delivered a speech at the Economic Club of New York, and the hawkish remarks also stimulated the market and caused the dollar index to rise.
The price of the D1 chart shot straight up after hitting the Fibonacci 0.886 position. On the one hand, the US employment and unemployment data were better than expected, causing the US dollar index to rebound to the high of 3 weeks ago. And the current RSI indicator also shows that the emergence stage is a good time to enter the market and go short.
You can pay attention to various non-mainstream currencies, the rest of the dollar index will be bearish.
All transactions involve risks, the above analysis is for reference only. When placing an order, be sure to set the lot size and remember to set the stop loss.