CobraVanguard

DXY Situation Right now

TVC:DXY   U.S. Dollar Index
DXY had a Great Support Line which Has Lost it lately. But it touched a Support level and Reacted to it Positively.So there is a Chance that it would Reach the Resistance Level (Shown on the chart) Once again. But if it fails to reach that level, there is still a Second Support Which The Price might react to. We shall wait and see what will happen but My money is on the Bullish Case. all mentioned Supports and Resistance are shown on the chart.

-DXY had a Great Support line but It's Lost now
-It Reacted Positively to The First Support Level
-2 Scenario: Reaching the Second Support or The Resistance shown on the chart. But the Bullish one is stronger.

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🌍Thank you for seeing idea .
Have a nice day and Good luck
Trade closed: target reached

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