- It seems 
DXY found temporary Support
on the Bullish Cross Over in the last Week,
by testing it thrice and jumping around.
Concerning is the Change of Character (CHoCH) in Wave A
of A-B-C correction ;
by violating the last
Higher High of 103.3 (where fibb is taken).
However, this may only be a small issue regarding
Higher Time Frames Uptrend.
Zones to watch the weekk ahead forDXY;
- Support to hold at 103.3 ;
(1 Fibb' level + S/R + EMA's Area
- Wave B Continuation completion after Impulsive Wave A
*Resistance at 0.618 Fibb's Golden Zone
(or a bit Higher zooming in on Smaller TF Order Block)
- Wave C continuation puttingDXY @ 102.6 fibb level and trendline
DXY found temporary Support on the Bullish Cross Over in the last Week,
by testing it thrice and jumping around.
Concerning is the Change of Character (CHoCH) in Wave A
of A-B-C correction ;
by violating the last
Higher High of 103.3 (where fibb is taken).
However, this may only be a small issue regarding
Higher Time Frames Uptrend.
Zones to watch the weekk ahead for
DXY;- Support to hold at 103.3 ;
(1 Fibb' level + S/R + EMA's Area
- Wave B Continuation completion after Impulsive Wave A
*Resistance at 0.618 Fibb's Golden Zone
(or a bit Higher zooming in on Smaller TF Order Block)
- Wave C continuation putting
DXY @ 102.6 fibb level and trendlineNote
*2HR BoS
1hr left to candlestick close for more confirmation
Wave A lows TEST
Wave B Lower High TEST
Related publications
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.
Related publications
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.