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U.S. Dollar Index
Long
Nov 19, 2020
USD Index | Accumulation Phase ..!!
9
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#DXY (update)
USD Index (DXY) has been Moving Between S/R Area From last 4 Months.. (Accumulation Phase)
On the Other, Bulls Rejected the Bearish Trendline Many time in last 10 Months & Now, Once Bulls Pushing it towards the Trendline.
If this Time, Trendline got Cleared, Then I'm Expecting Bullish Wave towards the Fibonacci Level 0.50 (97.5)
In Worst Case, If Bulls Lost the Support (92) then DXY Might Form another Lower low formation (Bearish Wave)
Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!
Thanks for Your Love & Support..!!
Faibik
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