Trader_PKR

DXY Price Analysis- 27 Jan 2024

Long
Trader_PKR Updated   
TVC:DXY   U.S. Dollar Index
Weekly Analysis: In the last week PA had a very good consolidation above the W-IFVG, & Its acting as a support here. So in the up coming weeks we are going to touch the W-BSL level 104.263, nested in the W-FVG.

Weekly Bias: Bulish.

Daily Analysis: The last week PA had a very good consolidation & the D-IFVG worked as a good support level, so as long as we are above 103.147 level we are bulish.

There is a unmitigated D-BSL level 103.817. In the upcoming days we are going to touch above D-BSL.

Daily Bias: Bulish

Trade closed: target reached:
As the price has been reached to the objective from now we are neutral.

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