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The DXY Index has completed a Falling Wedge Pattern in the ðĒHeavy Support zone($105.80_$104.530)ðĒ and ðĄPrice Reversal Zone(PRZ)ðĄ.
ðĄAlso, we can see Regular Divergence(RD+) between two consecutive valleys.
ðI expect the DXY Index will go UP after breaking the upper line of the Falling Wedge Pattern to the ðīResistance zoneðī.
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 be glad to see your ideas in this post.
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