DXY Index Can Go Up by Classical Technical Analysis Pattern🚀

١٢ مارس ٢٠٢٤

🏃‍♂️The DXY Index is moving in the 🟢Support zone($102.87-$102.43)🟢.

📈 Regarding Classical Technical Analysis, the dollar index has successfully formed an Inverse Head and Shoulders pattern.

🌊According to the theory of Elliott waves, the dollar index has completed a Zigzag correction(ABC/5-3-5) in the 🟢Support zone($102.87-$102.43)🟢.

🔔I expect the DXY Index to rise to at least the 61.8% Fibonacci level and Resistance lines.

U.S.Dollar Currency Index ( DXYUSD ) Analyze, 1-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 gladly see your ideas in this post.

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