Pathing Of Price Is Crucial ----------> DXY/USD

U.S. Dollar Index (TVC:DXY)

Updated

TVC:DXY U.S. Dollar Index

trendanalysis indicator beyondta dxyusd priceaction divergence marketstructure

I am almost certain that the price of DXYUSD may very much follow the sideways channel (Blue dotted lines) that I have laid out, before finally bouncing on support (Green dotted lines) which would then give a significant amount of buying power given the fact that 94.651 Is a major area of bullish divergence. However, price needs to close above the weekly MA before any actions are taken.

-Levels of significance: $96.479
$95.609
$94.692

As always, patience tends to reward those In Interest. Lets just wait and see.

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