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USD Index | Accumulation Phase ..!!
U.S. Dollar Index
Long
USD Index | Accumulation Phase ..!!
By Faibik
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Nov 19, 2020
9
Nov 19, 2020
#DXY (update)
USD Index (DXY) has been Moving Between S/R Area From last 4 Months.. (Accumulation Phase)
On the Other, Bulls Rejected the Bearish Trendline Many time in last 10 Months & Now, Once Bulls Pushing it towards the Trendline.
If this Time, Trendline got Cleared, Then I'm Expecting Bullish Wave towards the Fibonacci Level 0.50 (97.5)
In Worst Case, If Bulls Lost the Support (92) then DXY Might Form another Lower low formation (Bearish Wave)
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