DXY Cup and Handle Breakout
DXY looks like it has formed a cup and handle pattern and breaking up out of the handle channel.
There's a HTF FVG between ~ $108.4-$109.4 acting as an upward magnet to be filled.
The current 1.618 fib target is $106.15 followed by the 2.618 at $107.46.
--
On the flip side, if the retest of the channel top breaks down, the bearish FVG at the $102.6-$101.9 may get filled first before recharging for upward movement.
DYOR.
There's a HTF FVG between ~ $108.4-$109.4 acting as an upward magnet to be filled.
The current 1.618 fib target is $106.15 followed by the 2.618 at $107.46.
--
On the flip side, if the retest of the channel top breaks down, the bearish FVG at the $102.6-$101.9 may get filled first before recharging for upward movement.
DYOR.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.