Afridi_Fx
Long

DOLLAR INDEX 1D BULLISH ATTACK

INDEX:DXY   US DOLLAR CURRENCY INDEX
62 0 14
The US dollar index             is seen to be carving out its higher wave 3 within 5 waves movement from the lows set on November 9 as depicted here. The index dropped lower to the wave 2 on December 8 and is carving wave 3 at this moment. Furthermore, the index has completed the wave 4 today at 102.50 levels and bounced higher into its potential wave 5 rally. The index is trading at 102.89 levels for now and if the above wave structure holds true, the price is likely to remain above 101.50/60 levels. It looks good to keep long positions around there levels with a risk at 101.50 levels. Immediate short-term support is seen at 102.50 levels, while resistance lies at 103.50. Trading recommendations: Stay long for now with the stop at 101.50, targeting 104.00. Good luck!

Trade active
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out