Price action analysis for DXY.
Important Key levels.
Potential scenarios.
If you look closely at the chart, you will notice that DXY is moving in an Ascending Channel.
💡It seems that DXY failed to break the resistance lines.
💡Also, we can see Regular Divergence(RD-) between consecutive peaks.
🔔I expect the DXY will go DOWN .
U.S.Dollar Currency Index ( DXYUSD ) Analyze, 1w 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 be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Important Key levels.
Potential scenarios.
If you look closely at the chart, you will notice that DXY is moving in an Ascending Channel.
💡It seems that DXY failed to break the resistance lines.
💡Also, we can see Regular Divergence(RD-) between consecutive peaks.
🔔I expect the DXY will go DOWN .
U.S.Dollar Currency Index ( DXYUSD ) Analyze, 1w 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 be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
