📉 USD Dollar Index (DXY) Short Setup 📉
Entry: Around $107.00
Stop Loss: $107.50 (Above resistance level)
Target: $106.00 (Support zone)
Risk-Reward Ratio: ~2.0
🔹 Potential breakdown of ascending trendline 📉
🔹 EMA alignment showing weakness 🔻
🔹 Rejection near key resistance level 🔴
Looking for confirmation for entry. Let me know your thoughts! 💬 #DXY #USDollar #Forex #Trading
Entry: Around $107.00
Stop Loss: $107.50 (Above resistance level)
Target: $106.00 (Support zone)
Risk-Reward Ratio: ~2.0
🔹 Potential breakdown of ascending trendline 📉
🔹 EMA alignment showing weakness 🔻
🔹 Rejection near key resistance level 🔴
Looking for confirmation for entry. Let me know your thoughts! 💬 #DXY #USDollar #Forex #Trading
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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.
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.