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USDX approaching support, potential bounce!

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Indeks Mata Wang Dolar A.S. (TVC:DXY)  
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Trend Analysis Harmonic Patterns Chart Patterns usdx DXY dxylong dxyshort Forex forextrading forexsignals
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trendanalysis harmonicpatterns chartpattern usdx dxy dxylong dxyshort forex forextrading forexsignals
USDX is approaching our first support at 89.40 (horizontal swing low support) which coincides with our short term ascending support line. A strong bounce might occur above this level, pushing price up to our major resistance at 89.94 (horizontal swing high resistance, 50% Fibonacci retracement).

Stochastic (55,5,3) is also approaching our major support and a bounce off this level might be a good precursor for a potential rise in price.

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Komen:
on its way up! :)
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