DXY in ascending broadening wedge
DXY is in ascending broadening wedge and following up from previous long positiom ideas, I am seeing that DXY might take pause and move down.
Note
potential bearish divergence detected in H1 timeframeNote
if the hourly chart closed below 106.1 then the trade will be activeNote
Powell comment yesterday give some fresh confident that rates will be higher for longer in US. At the moment DXY is still not able to break the support trendline.
Trade active
Mekar Trading Forex by Andrey Kurniawan
Telegram: t.me/forexmekartrading
Other contacts: linktr.ee/mekartrading
Telegram: t.me/forexmekartrading
Other contacts: linktr.ee/mekartrading
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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.
Mekar Trading Forex by Andrey Kurniawan
Telegram: t.me/forexmekartrading
Other contacts: linktr.ee/mekartrading
Telegram: t.me/forexmekartrading
Other contacts: linktr.ee/mekartrading
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.