DOLLAR INDEX (DXY) Historical Structure to Watch 💵

快照

US Dollar is unstoppable.
The index keeps growing like crazy.

Here are the key levels that I spotted from where we may see retracements:

Analyzing a weekly time frame, I spotted an expanding wedge pattern.
In the past, the price perfectly respected its boundaries.
The market is approaching that at the moment.
I believe that the market may start a correctional movement from that.

The midterm goal for buyers is 120 - 121 resistance cluster based on 20 years' highs.
Pay close attention from that area, probabilities will be high that the market will react to that.

❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️

dollarindexDXYfundamental-analysisindexesMultiple Time Frame AnalysisTrend LinesUSDDJ FXCM IndexWedge

✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel youtube.com/c/VasilyTrader

💰Instagram: instagram.com/VasilyTrader/ 💰

✅Facebook: facebook.com/VasilyTrading/
更多:

相關出版品

免責聲明