Gann Fan Analysis and Short Term Projection

Long

U.S. Dollar Index Futures (ICEUS:DX1!)

Updated

ICEUS:DX1! U.S. Dollar Index Futures

Gann Gann Fan

gann gannfan

DXY appears to have an opportunity for upside recovery early in the next trading week if price holds above the current fan angle until today's market close.

Comment:

Price did not hold above the 2/1 angle on Friday and closed soundly below the 1/1 angle. However, a higher low was established before market close, which may suggest more upside potential in early week trading, bringing price into the projected zone.

Comment:

DXY actually made it into my short term target window. Amazing.

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