ThinkingAntsOk

DXY (U.S Dollar Index) Bearish Analysis

Short
TVC:DXY   U.S. Dollar Index
🔸WEEKLY CHART EXPLANATION:
.
.
🔸Price broke the Ascending Channel.
.
🔸It is now facing the Support Zone at 93.00.
.
🔸If this zone is broken to the downside, the next bearish target is the Support Zone at 89.00.
.
🔸 Will look for a lower timeframe bearish setup.

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.