TradingView
JoeChampion
May 19, 2023 2:32 PM

DXY Potential Upsides Long

U.S. Dollar Currency IndexTVC

Description

Hey Traders, in today's trading session we are monitoring DXY for a buying opportunity around 102.700 zone, DXY is trading in an uptrend and currently DXY is in a correction phase in which it i approaching the major trend at 102.700 supply and demand zone. I highly recommend to take a look at DXY at least once a week if not everyday in order to spot the direction of USD pairs, Cryptocurrencies and indices.
Trade safe, Joe.
Comments
Solldy
Great analysis, but not all patterns are shown. No questions about the forecast as a whole, but the patterns are visually not enough for a complete view.
ArmanShabanTrading
very intuitive!
JoeChampion
transparent-fx
Seems reasonable to me. Wish you good luck mate
JoeChampion
@transparent-fx, I appreciate your comment!
FirstNameHelen
Looks very good, thanks for sharing your idea
JoeChampion
@FirstNameHelen, Thank you Helen!
rob_WRLD_
Resistance at 103.6 proving to be strong 👍

Retracement as you have marked up is probable imo 🥂
JoeChampion
@rob_WRLD_, cheers!
More