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Lingrid
Oct 21, 2020 7:36 AM

DXY After profit - correctionΒ Long

U.S. Dollar Currency IndexTVC

Description

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The price behaved one-to-one as I predicted in my past analytics.
Let me remind you the forecast:
"The price goes for a long time in the channel. And now I have come to the intersection of two lines of resistance. I expect them to go down to the lower level of the channel."



However, it dropped even lower, breaking through the resistance line and touching the support line. So now I expect the price to reverse and return to the resistance line 93.180

Traders, if you liked this idea or have your opinion on it, write in the comments. I will be gladπŸ‘©β€πŸ’»
Comments
hazerookas
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Appreciate your hard work!
HenrikBoyander
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Sounds good, with your prediction for EUR/USD the DXY should potentially go even higher but time will tell.
TradingAlchemist
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@HenrikBoyander, friend, I also think it will grow
Solldy
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Will the price then break through the upper resistance line?
Lingrid
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@Solldy, first, we will wait for the price to break through the near line and then we will see)
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