DXY 16 hour chart XABCD TP bulls 106.60

2023년 8월 28일

🔸Hello traders, let's review the 16 hour chart for DXY the US dollar index today.
Speculative XABCD in progress, with PRZ/D set at 106.60, so expecting more gains/
upside in September. Bullish outlook for DXY / Bearish outlook for EURUSD.

🔸XABCD structure is defined by point X at 105.60, point A at 101.10, point B
at 104.30, point C at 100.00, point D/PRZ at 106.60, currently all points validated,
point D/PRZ pending in early October 20233

🔸Recommended strategy for DXY/EURUSD traders: DXY accumulate on dips
expecting more gains, final TP bulls is 106.60. EURUSD traders, short sell rips/rallies
final TP bears EURUSD is set at 1.0650 (bid now is 0800) . good luck traders!

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