U.S. Dollar Index
Short

DXY Sell Signal

1 295
Pattern: Bullish Megaphone on 1D.

Signal: Sell as the price hit the Higher Highs trend-line (top) of the Megaphone, which has been rejected three times in the past.

Target: 92.657 (the 0.785 Fibonacci retracement level, which has made a Higher Low each time after a Higher Highs rejection).


--------------------------------------------------------------------------------------------------------

Please like, subscribe and share your ideas and charts with the community!

--------------------------------------------------------------------------------------------------------

Disclaimer

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.