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The DXY index managed to break the Uptrend line and ๐ขSupport zone๐ข.
๐ซCurrently, DXY reacted well to the Resistance line and formed a ๐ซShooting Star Candlestick Pattern๐ซ near this line in the 1-hour time frameโฐ.
๐I expect the DXY to trend lower in the coming hours, enter the ๐ขHeavy Support zone๐ข, and fall to at least the ๐กPrice Reversal Zone(PRZ)๐ก.
U.S.Dollar Currency Index ( DXYUSD ) Analyze, 1-hour time 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 be glad to see your ideas in this post.
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