CAPITALCOM:EURUSD   Euro / U.S. Dollar
DXY may fall into downtrend.
In ADX and DI indicator red and green line about to cross green heading for 25.00 region.
Graph is above middle line in Donchian Channel.
Ichimoku cloud is thin indicating a weaker Resistance level the green line looks as if it will cross above the graph indicating bullish. The graph has entered the cloud once and looks like it might enter it once again. furthermore indicating bullish.
Wyckoff accumulation structure formed. Still awaiting BOS, SOS and TEST.
DIvergence has ocurred on MACD.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.