Hello Traders !
This is a technical overview on DXY for next coming hours, price trading at this time at 92.65 level facing a resistance level in the area of 92.70, Before we see the price trading in higher levels, we should see the 4H breaks above 92.70, then we will see continuing trading upwards to the highest level since the end of Mar 2021 at 93.40 ;
*if the price still below the 92.70 we could see a breakdown of the up-channel then would be going to test 92.00 support level.
This is a technical overview on DXY for next coming hours, price trading at this time at 92.65 level facing a resistance level in the area of 92.70, Before we see the price trading in higher levels, we should see the 4H breaks above 92.70, then we will see continuing trading upwards to the highest level since the end of Mar 2021 at 93.40 ;
*if the price still below the 92.70 we could see a breakdown of the up-channel then would be going to test 92.00 support level.
Trade closed: target reached
Second scenario happened
Related publications
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.
Related publications
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.