SharifAzadeh
Long

DXY; buying opportunity

INDEX:DXY   US DOLLAR CURRENCY INDEX
Having been being under heavy selling pressure last week, the Dollar Index             showed some solid positive structural signals on Friday 17th of April as the CPI             data improved; specially forming a clear bullish Head and Shoulders pattern in the lower boundary of a steep downward channel .

I favor breaking of neckline and eventually breaking of the smaller channel to the upside. Low risk buying opportunity.

Good luck!
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out