DXY is ready to take back the effects of CPI🔄

Güncellendi
The DXY index experienced a noticeable fall after the announcement of the CPI index.

Currently, the DXY indicator is moving in the 🟢support zone($ 101.3-$ 100.82)🟢 and near the lower line of the descending channel.

The Regular Divergence(RD+) between the price and the MACD indicator is clearly visible in the ⏰4-hour time frame⏰.👇

anlık görüntü

According to the theory of Elliott waves, the end of the main wave 5 can finish in the support zone, and I expect the DXY Index to at least touch the upper line of the descending channel or the middle line of the descending channel.

U.S.Dollar Currency Index ( DXYUSD ) Analyze, 2h-time frame⏰.

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Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.

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It's time to fly. 😊
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İşlem kapandı: hedefe ulaştı
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I will update this post soon.
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DXY needs a correction to grow again!!!


New update
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💡DXY Index Growth Signs💡


New update

Weekly Time frame
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