DeGRAM | DXY reached the retracement level
Updated
DXY is moving in a descending channel between trend lines.
The descending structure is preserved.
The price has reached the resistance level coinciding with the 38.2% retracement level.
The chart has reached the dynamic resistance and the upper boundary of the channel.
We expect a pullback after consolidation under the resistance level.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
The descending structure is preserved.
The price has reached the resistance level coinciding with the 38.2% retracement level.
The chart has reached the dynamic resistance and the upper boundary of the channel.
We expect a pullback after consolidation under the resistance level.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
Trade closed: target reached
Closed +137 Pips
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