Daily Chart: DXY is moving inside Ascending channel. Checked channel lower trend line for 2 days and heading to the upside and forming falling wedge pattern in lower time frames (4 hours). If DXY can't break the 93.2 level, it is possible to complete the Heading & Shoulder pattern.
In short term, DXY is possible to go up to 93.2.
Ref(2 hours chart):
In short term, DXY is possible to go up to 93.2.
Ref(2 hours chart):
Note
The falling wedge is just broke out in 4 hours chart. Pconfermation to continue up to 93.2. Possible to see short setups USDXXX peirs.
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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.