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Dollar index to reverse

104
I'm bearish the Dollar index for a couple of reasons. 5 waves up completed. Wedge pattern formation breaking down. 3 drive bearish RSI divergence in Daily chart. Stochastic diverging and ready for bearish turn around. Rejection at 50% Fibonacci retracement. Bigger wave picture suggests we should expect lower prices for the index.
trading2day
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Bearish PatternsdollarDXYTechnical IndicatorsWave Analysis

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Bearish PatternsdollarDXYTechnical IndicatorsWave Analysis
trading2day
Juga pada:

Penafian

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.