DXY Analysis
đź“Śđź“ŠDXY
âś…As we mentioned on August 29th, The DXY index broke the 104.780 level and continued its uptrend with compression.
❗️Therefore, the upper areas are valid for resistance and reversal, and the lower areas are for support levels, because this characteristic of market behavior is for the CP movement.
âś…Therefore, until this CP movement is broken, either classically or with liquid candle, there is no specific level for reaction.
❗️But based on experience, breaking the 105.890 level is not far from expected.
#dxy
âś…As we mentioned on August 29th, The DXY index broke the 104.780 level and continued its uptrend with compression.
❗️Therefore, the upper areas are valid for resistance and reversal, and the lower areas are for support levels, because this characteristic of market behavior is for the CP movement.
âś…Therefore, until this CP movement is broken, either classically or with liquid candle, there is no specific level for reaction.
❗️But based on experience, breaking the 105.890 level is not far from expected.
#dxy
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