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Dinesh_C_Nagpal

DOLLAR INDEX

Short
Indice devise Dollar U.S. (TVC:DXY)  
Dinesh_C_Nagpal  
TVC:DXY   Indice devise Dollar U.S.
Harmonic Patterns Trend Analysis Chart Patterns USDINR DJ FXCM Index dollarindex harmonictraders trendlineanalysis abcdchartpattern harmonicforex harmonicsignals harmonicmoves
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harmonicpatterns trendanalysis chartpattern usdinr usdollar dollarindex harmonictraders trendlineanalysis abcdchartpattern harmonicforex harmonicsignals harmonicmoves
Hello & welcome to this analysis

In the daily time frame it has now come to a falling trendline resistance which has also activated a Bearish Harmonic Reciprocal ABCD pattern. Coincidentally, the swing low was also formed with a Bullish Harmonic ABCD pattern.

A retracement from here could take it to 102.75 and below that 102.15. The pattern would be considered negated above 103.90
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