Talking Points:
The DXY is maintained its bullish momentum after bearish trendline channel and not changed from our earlier post. Testing its bullish trendline. Break of it will expose next support level at 96.80 followed by 96.29. Alternatively, move above the 98.00 will test next resistance zone at 98.46.
Elliottwave perspective we support this bullish momentum in immediate near term future, and predicting primary for flat correction or triangle formation for wave 4. On alternate, this move already in move for wave 5. In both cases, we are bullish for dollar and believe it will be continue for near future. To receive instance trade update and analysis, please subscribe us on twitter handle hoagtrading
- DXY Technical Strategy: Bullish
- Support: 96.80, 96.29, 95.55
Resistance: 98.46, 99.66, 100.34
The DXY is maintained its bullish momentum after bearish trendline channel and not changed from our earlier post. Testing its bullish trendline. Break of it will expose next support level at 96.80 followed by 96.29. Alternatively, move above the 98.00 will test next resistance zone at 98.46.
Elliottwave perspective we support this bullish momentum in immediate near term future, and predicting primary for flat correction or triangle formation for wave 4. On alternate, this move already in move for wave 5. In both cases, we are bullish for dollar and believe it will be continue for near future. To receive instance trade update and analysis, please subscribe us on twitter handle hoagtrading
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。