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nagihatoum

DXY dollar about to spring back to action

Long
U.S. Dollar Currency Index (ICEUS:DXY)  
nagihatoum Updated   
ICEUS:DXY   U.S. Dollar Currency Index
Trend Analysis Chart Patterns Gann DXY BTC dollar
10
3
trendanalysis chartpattern gann dxy btc dollar
DXY held support forming a double bottom and bullish divergences on the 4H. MACD is timidly rising. Target is the quarterly resistance at 94.5.

Losing current support will send the dollar tumbling to 89.5.
Comment:
DXY crossing support. A bounce is needed to set in a bullish divergence
snapshot
Comment:
Strong sell off
snapshot
Comment:
DXY has slowed decent and formed a bullish divergence on the 4H
snapshot
Comment:
DXY broke down from the rising channel. Retest of the channel is possible. 89.5 is the target at this moment. DXY has been very bearish not taking a pause or rest from plummeting.
snapshot

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DXY dollar plummet, near support
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