DXY:2618 trade setup

TVC:DXY   U.S. Dollar Currency Index
146 0 7
Chart pattern formed- Double top

Major resistance- 96

DXY             has declined till 95.15 (100 4H EMA ) and started to jump from that level. It is currently trading around 95.61.

The major intraday resistance is 95.67 ( 61.8% retracement of 95.97 and 95.15) and any break above targets 96/96.40 in short-term.

Short term trend is still weak as long as resistance 96 holds.

On the lower side major support is around 95.15 and any break below targets 94.80/94.10 in short-term.

It is good to sell at 95.60-95.65 with SL around 96 for the TP of 95.15/94.80/94.20
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out