Talking Points:
The DXY is maintained its bullish momentum after bearish trendline channel and not changed from our earlier post. Testing its bullish trendline. Break of it will expose next support level at 96.80 followed by 96.29. Alternatively, move above the 98.00 will test next resistance zone at 98.46.
Elliottwave perspective we support this bullish momentum in immediate near term future, and predicting primary for flat correction or triangle formation for wave 4. On alternate, this move already in move for wave 5. In both cases, we are bullish for dollar and believe it will be continue for near future. To receive instance trade update and analysis, please subscribe us on twitter handle hoagtrading
- DXY Technical Strategy: Bullish
- Support: 96.80, 96.29, 95.55
Resistance: 98.46, 99.66, 100.34
The DXY is maintained its bullish momentum after bearish trendline channel and not changed from our earlier post. Testing its bullish trendline. Break of it will expose next support level at 96.80 followed by 96.29. Alternatively, move above the 98.00 will test next resistance zone at 98.46.
Elliottwave perspective we support this bullish momentum in immediate near term future, and predicting primary for flat correction or triangle formation for wave 4. On alternate, this move already in move for wave 5. In both cases, we are bullish for dollar and believe it will be continue for near future. To receive instance trade update and analysis, please subscribe us on twitter handle hoagtrading
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.