SharifAzadeh

Bullish Bat signaling an uptrend in DXY

Long
INDEX:DXY   US DOLLAR CURRENCY INDEX
As I have shown on the chart, a bullish Bat pattern has formed on DXY chart. If Dollar bulls manage to break the 97.35 level to the upside, I will favor a decent upward movement for DXY.

I have shown my targets on the chart. My Stop Loss level will be 96.30.

Good Luck,

Ali Sharifazadeh, CFTe

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.