Freedom_CN

Detailed analysis of DXY long-term trend

Long
TVC:DXY   U.S. Dollar Index
Through the form comparison method, I found that several important indicators of EURUSD from September 1, 2020 to November 4, 2020 are similar to the K-line price form. For example, MACD, I've marked it with three blue rectangles. For example, RSI, I also use three blue rectangles. I marked the price with a big blue rectangle. If it is similar in the future, DXY may test the maximum strong resistance 106.18. However, in order for this to happen, at least let the price station take the line cloud band of last month, that is, the red horizontal line of 96.036. At the same time, RSI should reach more than 60. If this is confirmed, the market will plunge.
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