DXY: Still bearish for now, waiting for confirmation

U.S. Dollar Currency IndexTVC

Description

⋅ Oct 27, 2020 6:11 AM

We can see that there are rejections for the DXY at the resistance level.
It is likely to go down lower for now.
However, if the price can bounce off the trendline
and breaks to the upside,
then there will more upside continuation!

Comments

DeNomics

⋅ Oct 27, 2020 8:39 PM

I hate to say it but im keen for the DXY to recover cause i want some better buying opportunities on some other assets right now lol

Sadovoy_Trade

⋅ Oct 27, 2020 6:29 PM

+++

PolarHusk

⋅ Oct 27, 2020 5:48 PM

Failed to break the mid resistance. 🐻‍❄️🙏😊😃

ussiels

⋅ Oct 27, 2020 4:14 PM

Can share some fibo levels?

Stargazer_fx

⋅ Oct 29, 2020 8:06 AM

great analysis

warrickbell

⋅ Oct 27, 2020 4:43 PM

looking at the 4 hour candle since sept 20 you can see a head and shoulders. Down side is coming

Mahtab_Tradia

⋅ Oct 27, 2020 3:59 PM

Great Chart Analysis, thanks for sharing

dunxtra

⋅ Oct 27, 2020 6:13 AM

thanks for sharing

Fisher_Fx

⋅ Oct 27, 2020 6:49 AM

@dunxtra welcome bro

qwertrade

⋅ Oct 27, 2020 6:13 AM

thanks for the detailed explanation