DXY Channel Up bottom. Strong buy opportunity.

The U.S. Dollar Index (DXY) hit both Targets that we set on our January 24 analysis (see chart below):

DXY The uptrend is only halfway there. Still time to buy.


Yet again, a new buy opportunity is emerging as the price not only hit the 1D MA50 (blue trend-line) - 1D MA200 (orange trend-line) Support Zone but also the bottom of the (dotted) Channel Up, which is essentially the Bullish Leg of the 1-year Channel Up.

With the 1D MACD about to form a Bullish Cross, that will be the bullish confirmation we need to buy and target 108.000 (near the top of the dotted Channel Up and almost +4% from yesterday's Low, which is a standard rise % within the pattern).

-------------------------------------------------------------------------------

** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **

-------------------------------------------------------------------------------

💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
Chart PatternsdollarDollar Index Futures DX1!DXYdxysignalsForexforexsignalsHarmonic PatternssignalsTrend AnalysisUSDDJ FXCM Index

👑Best Signals (Forex/Crypto+70% accuracy) & Account Management (+20% profit/month on 10k accounts)

💰Free Channel t.me/tradingshotglobal
🤵Contact info@tradingshot.com t.me/tradingshot

🔥New service: next X100 crypto GEMS!
Also on:

Disclaimer