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DXY down? Forming a descending channel!
US Dollar Index
Short
DXY down? Forming a descending channel!
By thetradeveler
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Nov 3, 2022
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Nov 3, 2022
DXY formed a descending channel we may see the dollar falls next days.
Also, price is in a major unmitigated supply zone that caused a break of structure lately.
As wee now, if Dxy fell:
USDXXX = SHORT
XXXUSD = LONG
Parallel Channel
Supply and Demand
Trend Analysis
thetradeveler
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