DXY - Best Chance To Read Coming Movement

Dollar Index - DXY
Analysis -
4hr Chart / Daily
——
Report " After Break Out our Week low / Day low at 96.25 Area - Price Continue down in Our small Down Channel - and now price at Very important Area at lower Line at inner Down Channel 95.90 Area - at The Same Time at Strong Support 95.50 Area we have two Expecting Scenario

For long Idea —

If Price Break Out our week / day low at 96.25 Area with Bullish Candle we Now have 50 % For Price to Continue Up.. then wee Need more confirmation to Bullish Movement and its break Out Our inner Down Channel to Target Higher level at our main Weekly Resistance at 97.50 as A target and Our Stop loss will be at below our week / day low or and close below 96.25

For Short Idea —
If Price Break Out our Inner Down Channel + Support at Same time at 95.80 area — we have a short position to target lower level 95.00 at yearly low line as 1.618 % Fibo golden — and our Stop loss will be above week / day low Brocken at 96.25
and 2nd Target

Commentaire:

Break Out Our Key level at 96.20 — Be In Touch

Commentaire:

Break Out Down + Target Reached

Commentaire:

Full Target Reach - Good luck