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JoeChampion
Mar 16, 2023 3:34 PM

DXY:The dollar seems to gain it original value after a mix CPI Long

TVC:DXY60
U.S. Dollar Currency IndexTVC

Description

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Hey Traders, DXY was trading in a downtrend, but after a mix CPI the dollar managed to breakout massively the trend and now seems to form a bull flag. in today's trading session i will be monitoring DXY for a potential retrace of the trend around 104 Supply and Demand zone.
Trade safe, Joe.
Trend AnalysisFundamental AnalysisBeyond Technical AnalysisDXYdollarbuyLONGBullish FlagTechnical AnalysisCPIBullish PatternsContains image
Comments
ProjectSyndicate
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noteworthy compression upside breakout seems very likely
JoeChampion
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@ProjectSyndicate thank you buddy!
FieryTrading
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Awesome plan mate🔥
JoeChampion
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@FieryTrading sweet mate!
xgoldtraderx
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the previous impusle was bearish so I think DXY is not ready to push up yet
JoeChampion
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@xgoldtraderx thank you for your feedback
LegionQ8
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great work my friend! I like to trade us dollar index
JoeChampion
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@LegionQ8 cheers
basictradingtv
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awesome work as always, thanks!
JoeChampion
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@basictradingtv thank you buddy!
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