Description
⋅ DXY Index is running near the Uptrend line and 🟡Price Reversal Zone(PRZ)🟡.
According to the theory of Elliott waves, the DXY index has succeeded in completing its 5 ascending waves near the 🟡Price Reversal Zone(PRZ)🟡.
💡Also, we can see Regular Divergence(RD-) between two consecutive peaks.
🔔I expect the DXY Index to trend lower in the coming hours and at least go down to the 🟢Support zone($106.330_$106.160)🟢.
U.S.Dollar Currency Index ( DXYUSD ) Analyze, 15-minute time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post.
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