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andrey_kurniawan

DXY in ascending broadening wedge

Short
U.S. Dollar Index (TVC:DXY)  
andrey_kurniawan Updated   
TVC:DXY   U.S. Dollar Index
Trend Analysis Trend Lines Wedge DXY dxyindex
5
0
trendanalysis trendline wedgepattern dxy dxyindex
DXY is in ascending broadening wedge and following up from previous long positiom ideas, I am seeing that DXY might take pause and move down.
Comment:
potential bearish divergence detected in H1 timeframe
Comment:
if the hourly chart closed below 106.1 then the trade will be active
Comment:
Powell comment yesterday give some fresh confident that rates will be higher for longer in US.
At the moment DXY is still not able to break the support trendline.
Trade active
Mekar Trading Forex by Andrey Kurniawan

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