DXY Huge H&S about to break downwards aggressively

TVC:DXY   U.S. Dollar Index
The U.S. Dollar Index ( DXY ) has hit our first short-term target as presented on our most recent analysis:

The major news however is that it failed to break above its 1W MA50 (blue trend-line) where in fact it got rejected last week. This validates the giant Head and Shoulders ( H&S ) idea we discussed in the past, which is now targeting the 1W MA200 ( orange trend-line) and Support Zone 2 at 98.300.


** Please LIKE πŸ‘, FOLLOW βœ…, SHARE πŸ™Œ and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! **


πŸ‘‡ πŸ‘‡ πŸ‘‡ πŸ‘‡ πŸ‘‡ πŸ‘‡

TradingShot is an official πŸ”₯BINANCEπŸ”₯ Content Creator!

350+ Cryptocurrencies
<0.10% transaction fees

Sign up with our unique link!


πŸ‘‘Join our Account Management program!

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.