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KlejdiCuni
Sep 30, 2022 9:26 AM

DXY | AB=CD Pattern | Long Again? Long

U.S. Dollar Currency IndexTVC

Description

DXY | AB=CD Pattern | Long Again?

The price looks like it completed an AB=CD pattern.

The CD leg of the pattern is being formed near the left structure resistance.

111.55 is shown to be a very strong zone and it can push the price up again.

we have to consider that the trend is very bullish and this will help
the price to increase further.

With this increase, we could see many of the USD pairs to be stronger in favor of the U.S
dollar again.

Thank you and Good Luck!
Comments
bhramshiri
gooood
Tolberti
Yes, I am very bullish on DXY!
Jamesvs0127
Will we see it skyrocket today
Leo-btm
nice pattern, I didn't pay attention to it
RLinda
Keep it up. I like it)
Mihai_Iacob
Fine, reasonable analysis!
Indeed, the dollar is getting stronger
Solldy
That's a great idea! In the current situation, an asset is not very predictable, so thank you very much for posting!
DeGRAM
Thank you for sharing
TheSignalyst
that was on point ;)
Serana2324
Great setup
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