DXY
Analyze
Generally the direction is downtrend as long as price trade under 103.73 - 102.95
weekly chart
like we see on the weekly chart the price goes down slowly especially the last candle so that mean maybe price will reverse for next candle , also the price face the strong weekly support 101.58 and reached twice but cant break it,so the main condition to be continue at the bearish zone is stabilizing under 101.58
Daily chart
on the Daily chart we see clearly downtrend because price trade under 102.06, so as long as price cant stable above 102.06 we will sell the Dollar until 101.58 and 100.97
but if can stable and close one day candle above 102.06 the price will try to reach 102.52 and 102.95
Support line : 101.59 , 101.29 ,100.97
Resistance line : 102.06 , 102.52 , 102.95
Analyze
Generally the direction is downtrend as long as price trade under 103.73 - 102.95
weekly chart
like we see on the weekly chart the price goes down slowly especially the last candle so that mean maybe price will reverse for next candle , also the price face the strong weekly support 101.58 and reached twice but cant break it,so the main condition to be continue at the bearish zone is stabilizing under 101.58
Daily chart
on the Daily chart we see clearly downtrend because price trade under 102.06, so as long as price cant stable above 102.06 we will sell the Dollar until 101.58 and 100.97
but if can stable and close one day candle above 102.06 the price will try to reach 102.52 and 102.95
Support line : 101.59 , 101.29 ,100.97
Resistance line : 102.06 , 102.52 , 102.95
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With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
