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DXY Index Can Go Up by Classical Technical Analysis Pattern๐Ÿš€

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๐Ÿƒโ€โ™‚๏ธThe DXY Index is moving in the ๐ŸŸขSupport zone($102.87-$102.43)๐ŸŸข.

๐Ÿ“ˆ Regarding Classical Technical Analysis, the dollar index has successfully formed an Inverse Head and Shoulders pattern.

๐ŸŒŠAccording to the theory of Elliott waves, the dollar index has completed a Zigzag correction(ABC/5-3-5) in the ๐ŸŸขSupport zone($102.87-$102.43)๐ŸŸข.

๐Ÿ””I expect the DXY Index to rise to at least the 61.8% Fibonacci level and Resistance lines.

U.S.Dollar Currency Index ( DXYUSD ) Analyze, 1-hour time frameโฐ.

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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