U.S. Dollar Index
Long

DeGRAM | DXY rebound in the channel

254
DXY is in a descending channel between trend lines.

Price has already reached the lower boundary of the channel and dynamic support, which has already acted as a rebound point and is now holding above the 50% retracement level.

The chart has formed a harmonic pattern.

We expect the rebound to continue.

-------------------

Share your opinion in the comments and support the idea with like. Thanks for your support!

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.