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DXY Index Can Go Up by Classical Technical Analysis Patternð

ðââïļThe DXY Index is moving in the ðĒSupport zone($102.87-$102.43)ðĒ.
ð Regarding Classical Technical Analysis, the dollar index has successfully formed an Inverse Head and Shoulders pattern.
ðAccording to the theory of Elliott waves, the dollar index has completed a Zigzag correction(ABC/5-3-5) in the ðĒSupport zone($102.87-$102.43)ðĒ.
ðI expect the DXY Index to rise to at least the 61.8% Fibonacci level and Resistance lines.
U.S.Dollar Currency Index ( DXYUSD ) Analyze, 1-hour time frameâ°.
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 â ' like'â button ðð & Share it with your friends; thanks, and Trade safe.
ð Regarding Classical Technical Analysis, the dollar index has successfully formed an Inverse Head and Shoulders pattern.
ðAccording to the theory of Elliott waves, the dollar index has completed a Zigzag correction(ABC/5-3-5) in the ðĒSupport zone($102.87-$102.43)ðĒ.
ðI expect the DXY Index to rise to at least the 61.8% Fibonacci level and Resistance lines.
U.S.Dollar Currency Index ( DXYUSD ) Analyze, 1-hour time frameâ°.
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 â ' like'â button ðð & Share it with your friends; thanks, and Trade safe.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.