DXY Cypher Pattern, Multiple Uptrend signals
With pretty ISM data and rebounding appoval rate of President Trump, DXY 0.23% has been recovering from downtrend since Q1.
And now DXY is finishing the CD leg of cypher pattern , targeting to potential price reversal point at 95.32.
Meanwhile u can find that price is rising with higher low and high point, thus 92.7 and 93.4 now acting as new support area .
ICH cloud is showing u the potential uptrend of price, and proper strategy should be buy retracement.
Moreover, DXY and DI both showing a strong momentum from oversold area.
Be cautious to set positions immediately, wait till a right price level to pull the trigger.
Also, pay attention to correction of related assets like gold , euro, pound and usoil .
And now DXY is finishing the CD leg of cypher pattern , targeting to potential price reversal point at 95.32.
Meanwhile u can find that price is rising with higher low and high point, thus 92.7 and 93.4 now acting as new support area .
ICH cloud is showing u the potential uptrend of price, and proper strategy should be buy retracement.
Moreover, DXY and DI both showing a strong momentum from oversold area.
Be cautious to set positions immediately, wait till a right price level to pull the trigger.
Also, pay attention to correction of related assets like gold , euro, pound and usoil .
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