DXY Analysis - Buys 🔺⬆

٤ أبريل ٢٠٢١This market has been trending up for some time creating higher highs and higher lows. It has broken above the high it has made around 92.866 and is now retesting that area as a support in the form of a flag. Price has also respected the 0.764 Fibonacci zone and shown a shift in momentum on that area. the candle after the strong bullish candle has rejected the 0.618 zone which in my opinion is a continuation to the upside. Looking for price to reach 94.027 and possibly continue higher. This instrument also indicates the strength in the dollar against other currency pairs which can be used as confluence.

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