Get started
fortunamarkets

DXY is overbought, maybe a little corrections?(4/12/2024)

U.S. Dollar Currency Index (ICEUS_DLY:DXY)  
fortunamarkets  
ICEUS_DLY:DXY   U.S. Dollar Currency Index
Trend Analysis Wave Analysis Chart Patterns DXY USD dollarindex fortunamarkets dxybullish dxybuy fortunamarketsanalysis
3
0
trendanalysis waveanalysis chartpattern dxy usd dollarindex fortunamarkets dxybullish dxybuy fortunamarketsanalysis
In our last analysis, the DXY DXY moved as we had anticipated. Right now the bullish scenario is dominant, but DXY is overbought and hit a resistance.
So there is a chance that price make some retracement.

Our technical view has been shown in the chart.

If you like it then Support us by Like, Following, and Sharing.
Thanks For Reading
Team Fortuna
-RC

(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)

Related Ideas

fortunamarkets
DXY Next move!(4/22/2024)
fortunamarkets
DXY Analysis before NFP(4/5/2024)
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.