ðââïļThe DXY index is moving in the ðĒSupport zone($103.78_$102.93)ðĒ near the SMA(200) and 100_SMA(Weekly).
ðŊIf 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.
ðĄAlso, another sign that shows us the end of the downward trend of the DXY index is the Falling Wedge Pattern in the RSI indicator.ð
ðI expect the DXY index to trend higher in the coming days and attack the ðīResistance zone($105.88_$104.630)ðī again.
U.S.Dollar Currency Index ( DXYUSD ) Analyze, Daily 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.
ðŊIf 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.
ðĄAlso, another sign that shows us the end of the downward trend of the DXY index is the Falling Wedge Pattern in the RSI indicator.ð
ðI expect the DXY index to trend higher in the coming days and attack the ðīResistance zone($105.88_$104.630)ðī again.
U.S.Dollar Currency Index ( DXYUSD ) Analyze, Daily 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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