๐โโ๏ธThe DXY index is moving in the ๐ขSupport zone($103.78_$102.93)๐ข near the SMA(200) and 100_SMA(Weekly).
๐ฏIf 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.
๐กAlso, another sign that shows us the end of the downward trend of the DXY index is the Falling Wedge Pattern in the RSI indicator.๐
๐I expect the DXY index to trend higher in the coming days and attack the ๐ดResistance zone($105.88_$104.630)๐ด again.
U.S.Dollar Currency Index ( DXYUSD ) Analyze, Daily frameโฐ.
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.
Please do not forget the โ ' like'โ button ๐๐ & Share it with your friends; thanks, and Trade safe.
๐ฏIf 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.
๐กAlso, another sign that shows us the end of the downward trend of the DXY index is the Falling Wedge Pattern in the RSI indicator.๐
๐I expect the DXY index to trend higher in the coming days and attack the ๐ดResistance zone($105.88_$104.630)๐ด again.
U.S.Dollar Currency Index ( DXYUSD ) Analyze, Daily frameโฐ.
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.
Please do not forget the โ ' like'โ button ๐๐ & Share it with your friends; thanks, and Trade safe.
ืขืกืงื ืคืขืืื
ืืขืจื:
Still valid.
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๐Please follow us on Telegram for more analysis.๐ t.me/ProTrader_365
๐if you want to learn Technical Analysis = Please Contact me๐ t.me/Ad_ProTrader365