⚠️DXY will go DOWN(Short term)⚠️

As I expected in the previous post, DXY reached the resistance lines.✅👇

💡If you look closely at the chart, you will notice that DXY is moving in an Ascending Channel.

💡It seems that DXY failed to break the resistance lines.

💡Also, we can see Regular Divergence(RD-) between consecutive peaks.

🔔I expect the DXY will go DOWN at least to the lower line of Ascending Channel.

U.S.Dollar Currency Index ( DXYUSD ) Analyze, 4-hour time frame⏰.

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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Trade active

Trade closed: target reached