U.S. Dollar IndexShort
DXY Dollar Index Potential Short
Hi Traders.
1.Bearish Impulse
2.HnS Pattern
3.LTF Bearish Impulse
4.Ascending Channel
5.Break Out from Ascending channel and STF Bearish correction
We see a clear break out from the ascending channel following with a STF Bearish Flag. Today is the ECB interest rate Decision. The EUR/USD Pair is weighted with 60% in the dollar Index.
That decision can give the impulse out of the Bearish flag.
When we see a breakout from the STF bearish flag we can expect more Dollar weakness.
1.Bearish Impulse
2.HnS Pattern
3.LTF Bearish Impulse
4.Ascending Channel
5.Break Out from Ascending channel and STF Bearish correction
We see a clear break out from the ascending channel following with a STF Bearish Flag. Today is the ECB interest rate Decision. The EUR/USD Pair is weighted with 60% in the dollar Index.
That decision can give the impulse out of the Bearish flag.
When we see a breakout from the STF bearish flag we can expect more Dollar weakness.
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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.