Get started
easyMarkets

USDX bounced nicely off its support, potential to rise further!

Long
U.S. Dollar Index (TVC:DXY)  
easyMarkets Broker  
TVC:DXY   U.S. Dollar Index
Trend Analysis Harmonic Patterns Chart Patterns usdx dollar USD dyxlong Forex forexsignals Bitcoin (Cryptocurrency) BTCUSD
24
0
trendanalysis harmonicpatterns chartpattern usdx dollar usd dyxlong forex forexsignals bitcoin btcusd
USDX bounced nicely off its 1st support at 93.74 (100% Fibonacci extension, 23.6% Fibonacci retracement, 50% Fibonacci retracement, horizontal swing low support) where price could possible fall back to before rising to its major resistance at 94.49 (61.8% Fibonacci retracement, horizontal overlap resistance).

Stochastic (89, 5, 3) bounced nicely off its support at 4.7% where a corresponding rise could occur.
Trading CFDs on margin carries high risk.

Losses can exceed the initial investment so please ensure you fully understand the risks.
Come join us today at : www.easymarkets.com/
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.