When can the DXY index break the Descending Channel❗️❓

2023년 5월 1일

The DXY index has been moving in the descending channel for more than 1 month.📆

DXY seems to have formed the Double Three Correction structure(WXY) in the middle of the descending channel during the last two weeks.

I expect the end of wave Y to finish near the middle line of the descending channel and the🟢support zone($ 101.3-$ 100.82)🟢, and again DXY will attack the upper line of the descending channel for the 5️⃣fifth time5️⃣ and break the descending channel.

U.S.Dollar Currency Index ( DXYUSD ) Analyze, 2-hour time frame⏰.

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Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.

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2023년 5월 1일

액티브 트레이드

2023년 5월 1일

노트

DXY is trying to break the descending channel.

2023년 5월 2일

노트

DXY was able to break the descending channel.

2023년 5월 2일

노트

New update.