DXY Index will Go Down to 🟢Heavy Support zone🟢(1-Hour)⏰

Oct 10, 2023

✅The DXY index managed to break the Uptrend line and 🟢Support zone🟢.

💫Currently, DXY reacted well to the Resistance line and formed a 💫Shooting Star Candlestick Pattern💫 near this line in the 1-hour time frame⏰.

🔔I expect the DXY to trend lower in the coming hours, enter the 🟢Heavy Support zone🟢, and fall to at least the 🟡Price Reversal Zone(PRZ)🟡.

U.S.Dollar Currency Index ( DXYUSD ) Analyze, 1-hour time frame⏰.

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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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Oct 10, 2023

Trade active

Oct 10, 2023

Note

The DXY index managed to break the valley and will probably move toward the target after a small return.

Oct 11, 2023

Trade closed: target reached