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DXY (USD Index) 4hour Analysis November 28th, 2021

Long
U.S. Dollar Index (TVC:DXY)  
ForexLeague  
TVC:DXY   U.S. Dollar Index
Trend Analysis Chart Patterns Technical Indicators Forex forexsignals priceaction DXY USD Technical Analysis
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trendanalysis chartpattern indicator forex forexsignals priceaction dxy usd technicalanalysis
DXY Bullish Idea

Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish

Trade scenario 1: Looking very bullish still on DXY but we’re overextended. Ideally, we see price action form more definite structure before continuing with the bullish trend.

Trade scenario 2: If price action keeps falling, realize we could see support near 94.500 met. Look for 4hour lower highs.
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