DeGRAM | DXY downturn in the channel

4 בפבר׳

The DXY is in an ascending channel between the trend lines.

The price is moving from the dynamic resistance, which previously acted as a pullback point.

The chart has formed a harmonic pattern.

We expect the continuation of the decline in the channel.

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6 בפבר׳

עסקה סגורה: היעד הושג

Our target was successfully reached and the chart declined to the lower boundary of the channel. Let's consider today the future fate of the DXY index.