DXY Index will Go Down to next Support zone

pejman_zwin Updated   
TVC:DXY   U.S. Dollar Index
DXY Index has succeeded in completing a Rising Wedge Pattern near the 🔴Resistance zone($105.90-$104.64)🔴.

🔨DXY also managed to break the lower line of the Rising Wedge Pattern and is currently breaking the 🟢Support zone($104.30-$103.89)🟢.

💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks.

🔔After breaking the 🟢Support zone($104.30-$103.89)🟢, I expect the DXY index to continue declining until the next 🟢Support zone($102.86-$102.420)🟢.

U.S.Dollar Currency Index ( DXYUSD ) Analyze, 4-hour time frame⏰.

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Trade active
DXY was able to break the the 🟢Support zone($104.30-$103.89)🟢
Trade closed: target reached

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