DXY perspective
Updated
hello guys...
today I was surfing my watchlist and cross to this specific index.
in the weekly time frame however the price formed an ascending parallel channel but reach all bullish targets so far, on the other words, I see a downward movement until the pink area.
I analyzed important currencies versus USD such as eurusd, usdcad and xauusd, unfortunately, I haven't seen this movement on these charts, why is there such a main conflict there?
I hope to find out the problem in a few later days.
I'll update this in soon as figure it out.
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
today I was surfing my watchlist and cross to this specific index.
in the weekly time frame however the price formed an ascending parallel channel but reach all bullish targets so far, on the other words, I see a downward movement until the pink area.
I analyzed important currencies versus USD such as eurusd, usdcad and xauusd, unfortunately, I haven't seen this movement on these charts, why is there such a main conflict there?
I hope to find out the problem in a few later days.
I'll update this in soon as figure it out.
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
Note
a small retrace to the middle of the channel will happen!
👉my recommended broker:
bit.ly/HYCM-M
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👉my recommended exchange:
bit.ly/LbankMelika
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My telegram channel:
t.me/melikatrader94
bit.ly/HYCM-M
__________
👉my recommended exchange:
bit.ly/LbankMelika
__________
My telegram channel:
t.me/melikatrader94
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