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SignalProvider
Apr 18, 2023 11:33 AM

DXY Will Move Higher! Long!  Long

U.S. Dollar Currency IndexTVC

Description


Please, check our technical outlook for DXY.

Time Frame: 4h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish

The market is on a crucial zone of demand 101.715.

The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 102.276 level.

P.S
Please, note that an overbought condition can last for a long time, and therefore being overbought doesn't mean a price rally will come soon, or at all.

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Comments
SignalProvider
What do you think about this idea DXY?
AnabelSignals
Same opinion!
LegionQ8
Very nice analysis, good job done!
ProSignalsFx
Very generous of you!
TopTradingSignals
Cheers!
UnitedSignals
Excellent idea.
KlejdiCuni
Very good trading plan. Thanks for sharing with us.
EliteTradingSignals
The idea is great. thanks!
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