DXY meets strong resistance
The previously formed cup-handle pattern came to the resistance zone (109.131~109.625) and was tested twice.
At present, the moving average of the daily chart is still bullish. If EMA13 and EMA55 form a death cross in the future and fall below the trend line and the previous low (104.646), the double top will be established.
-
Before it falls below, the daily chart should still be judged as bulls.
-
DXY monthly chart on the right (log):
After breaking the trend line, the price fell back to the same range (black rectangle below), and the rebound also came to the same range (black rectangle above), forming a monthly bumpy box, and then the price broke through the box and came to the resistance zone (107.788~109.461).
-
The daily resistance zone is 109.131~109.625, which overlaps with the monthly resistance zone.
-
Therefore, it can be inferred that the current resistance of DXY is very strong. We need to pay attention to the strong resistance here.
-
At present, the moving average of the daily chart is still bullish. If EMA13 and EMA55 form a death cross in the future and fall below the trend line and the previous low (104.646), the double top will be established.
-
Before it falls below, the daily chart should still be judged as bulls.
-
DXY monthly chart on the right (log):
After breaking the trend line, the price fell back to the same range (black rectangle below), and the rebound also came to the same range (black rectangle above), forming a monthly bumpy box, and then the price broke through the box and came to the resistance zone (107.788~109.461).
-
The daily resistance zone is 109.131~109.625, which overlaps with the monthly resistance zone.
-
Therefore, it can be inferred that the current resistance of DXY is very strong. We need to pay attention to the strong resistance here.
-
Telegram頻道:
t.me/noahchen_crypto
Telegram聊天群:
t.me/noahtradingroup
bybit sign up:
partner.bybit.com/b/56404
zoomex sign up:
partner.zoomex.com/aff/zx39840
t.me/noahchen_crypto
Telegram聊天群:
t.me/noahtradingroup
bybit sign up:
partner.bybit.com/b/56404
zoomex sign up:
partner.zoomex.com/aff/zx39840
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.