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InvestMate|Dollar An Upward Correction?đŸ’Č

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Valutaindex för U.S. dollar (TVC:DXY)  
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TVC:DXY   Valutaindex för U.S. dollar
Trend Analysis Chart Patterns DXY dollar Forex LONG Contains image
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trendanalysis chartpattern dxy dollar forex long containsimage
đŸ’ČDollar An Upward Correction?

đŸ’ČIs the dollar getting ready to make an upward correction?

đŸ’ČPost is a direct continuation of the last post in which I wondered from what level an upward correction would be possible:
InvestMate|DXY Declines Before IncreasesđŸ’”

đŸ’ČAs you can see, the price has held the first support zone steadily in recent days.

đŸ’ČLooking at the Dollar compared to other currencies, it is not hard not to get the impression that some kind of correction is in preparation.

đŸ’ČI am leaning more and more towards this scenario.

đŸ’ČIf a correction were to occur I expect a breakout to the vicinity of the nearest resistance zone, which I described in detail in the previous post.

đŸ’ČThe scenario I'm playing out is that I'm waiting for a strong upward reaction and for the upside to join the resistance zone. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.

đŸ’Č*Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.

🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
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đŸ’Č To keep up to date with all my activities I invite you to visit my Telegram đŸ’Č

đŸ’Č www.t.me/Investmatez đŸ’Č

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