โ The DXY index has succeeded in breaking the ๐ดResistance zone($104.27-$103.80)๐ด.
๐From the point of view of Classical Technical Analysis, DXY seems to have succeeded in forming an Ascending Broadening Wedge Pattern. Of course, we must wait for the reaction to the upper line of this pattern.
๐I expect the DXY index to rise to at least ๐กPotential Reversal Zone(PRZ)๐ก.
U.S.Dollar Currency Index ( DXYUSD ) Analyze, 4-hour time frameโฐ.
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.
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