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DeGRAM
Nov 13, 2022 9:16 AM

DeGRAM | DXY long Long

U.S. Dollar Currency IndexTVC

Description

DXY moved out of the descending channel .

The market failed to make a higher high at the resistance level .

Price action is likely to test the major support level and bounce off of it.

We expect a short term pullback from support.



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Share your opinion in the comments and support the idea with like. Thanks for your support!
Comments
DeGRAM
Good luck in the markets and have a great weekend!
JoeChampion
Excellent one, keep them coming!
KlejdiCuni
Let's see...the price should correct as it was a very quick move. Thanks
CryptoCheck-
Excellent DXY update. I agree with you here. And as long as DXY increases most markets will trade lower
Mihai_Iacob
Yeah, good support for dxy.
I sold eurusd at 1.0350 in the same idea.
Thanks for posting
Tolberti
Thanks for sharing, it's possible!
AtlasTrades
nice TA :) I agree DXY can follow your trading idea
YMGroup
Have you looked at it on other timeframes?
Michael_Winner
Definitely on a great DXY chart brother
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