Long

#DXY WAVE COUNTING

According to the wave counting done, and that the first step of the price decline was in the form of five waves, our descending pattern is likely to be a zigzag whose wave A is completed and the next step is probably the formation of wave B, so we expect a movement in the next 3 months. Relatively bullish until one of the following resistances occurs.

104.87
105.90
107.58
109.30
111.75

Fixation below 100 invalidates this analysis.

KhaniTechnical

FOLLOW ME ON SOCIAL NETWORK

Telegram: t.me/KhaniTechnical

Instagram: instagram.com/khanitechnical/

Youtube: youtube.com/channel/UCyVqjUaOZX1WjitGHIZaZAw

Twitter: twitter.com/khanitechnical

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.