DXY: Bullish LTF Price Action at Weekly Support

29 thg 11, 2023

The U.S. Dollar Index (DXY) is flashing bullish signals as the low time frame (LTF) market structure aligns seamlessly with high time frame (HTF) support levels, specifically at the weekly 61.8% Fibonacci retracement. This confluence becomes even more compelling with the presence of bullish intraday price action, suggesting a potential upward move in the immediate term.