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Sphinx_Trading

DXY: Big bullish move to (105.0) supply area

Long
U.S. Dollar Index (TVC:DXY)  
Sphinx_Trading Updated   
TVC:DXY   U.S. Dollar Index
Trend Analysis Chart Patterns Beyond Technical Analysis DXY dollar dollarindex sphinx_trading
30
3
trendanalysis chartpattern beyondta dxy dollar dollarindex sphinx_trading
- Price respected the last low at 100.800 and started going bullish in an impulsive move.
- After forming a retest at 101.200 demand zone again price started move upside with an impulsive bullish move.
- Price may move upside to 102.500 supply zone (swing high)
- If price broke 102.500 it will be our change of character and expected price to reach 105.0 major supply.
Comment:
- Huge engulfing daily bullish closure.
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