ABCD Pattern Forming on the Monthly Chart of the U.S. Dollar Index (DXY)
An ABCD pattern is forming on the U.S. Dollar Index (DXY) monthly time frame. Although it hasn't been completed yet, the current structure suggests a possible setup for a future reversal. Traders monitoring long-term technical patterns may want to monitor this development closely.
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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.