DXY Index will Go Down to next Support zone
Updated
✅DXY Index has succeeded in completing a Rising Wedge Pattern near the 🔴Resistance zone($105.90-$104.64)🔴.
🔨DXY also managed to break the lower line of the Rising Wedge Pattern and is currently breaking the 🟢Support zone($104.30-$103.89)🟢.
💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks.
🔔After breaking the 🟢Support zone($104.30-$103.89)🟢, I expect the DXY index to continue declining until the next 🟢Support zone($102.86-$102.420)🟢.
U.S.Dollar Currency Index ( DXYUSD ) Analyze, 4-hour time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
🔨DXY also managed to break the lower line of the Rising Wedge Pattern and is currently breaking the 🟢Support zone($104.30-$103.89)🟢.
💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks.
🔔After breaking the 🟢Support zone($104.30-$103.89)🟢, I expect the DXY index to continue declining until the next 🟢Support zone($102.86-$102.420)🟢.
U.S.Dollar Currency Index ( DXYUSD ) Analyze, 4-hour time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Trade active
Comment
DXY was able to break the the 🟢Support zone($104.30-$103.89)🟢Trade closed: target reached
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