DXY is Ready to Go UP🚀

🏃‍♂️The DXY index is moving in the 🟢Support zone($103.78_$102.93)🟢 near the SMA(200) and 100_SMA(Weekly).

🕯If we want to look at the last three daily candles of the DXY index from the candlestick pattern, we can see the reversal patterns of Hammer and Morning Star very well.

💡Also, another sign that shows us the end of the downward trend of the DXY index is the Falling Wedge Pattern in the RSI indicator.👇

🔔I expect the DXY index to trend higher in the coming days and attack the 🔴Resistance zone($105.88_$104.630)🔴 again.

U.S.Dollar Currency Index ( DXYUSD ) Analyze, Daily frame⏰.

Do not forget to put Stop loss for your positions (For every position you want to open).

Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.

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Trade attivo

Commento:

Still valid.