DXY or USD Index has formed Cup & Handle Pattern after breached 92.50 level.
USD Index hit high 93.41 and the corrected below 92.50 to continue lower at 92.11.
After all, USD Index form a Doji candle and potentially rebound to test 93.45.
If 93.45 break, the next target:
1. 94.20
2. 94.70
3. 95.70
4. and the strongest Resistance 97.80
Reference Ideas:
DXY Index (USD) Daily Bullish View, 31 March 2021
USD Index hit high 93.41 and the corrected below 92.50 to continue lower at 92.11.
After all, USD Index form a Doji candle and potentially rebound to test 93.45.
If 93.45 break, the next target:
1. 94.20
2. 94.70
3. 95.70
4. and the strongest Resistance 97.80
Reference Ideas:
DXY Index (USD) Daily Bullish View, 31 March 2021
Kommentera:
Below 92.10 could cancel Bullish Doji