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andrey_kurniawan
Apr 15, 2024 4:42 PM

DXY in ascending broadening wedge  Short

U.S. Dollar Currency IndexTVC

Description

DXY is in ascending broadening wedge and following up from previous long positiom ideas, I am seeing that DXY might take pause and move down.

Comment

potential bearish divergence detected in H1 timeframe

Comment

if the hourly chart closed below 106.1 then the trade will be active

Comment

Powell comment yesterday give some fresh confident that rates will be higher for longer in US.
At the moment DXY is still not able to break the support trendline.

Trade active

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