#DXY #DollarIndex #Dollar Inverse Head and Shoulders Forming?
Traders, we have been watching this for quite some time. The level 91.9 can not be ignored if the price comes there. This is where it could be forming the right shoulder of inverse head and shoulder pattern. Fib 78.6 is also there but little bit below. DXY has already completed a bullish pattern around 92.54 and this current candle could be just a retest (spike sort of behaviour) before DXY starts to move upwards.
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The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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If you found this idea useful, hit the like button and subscribe. If you have your own ideas to share on this market or have a question, comment below so that we can discuss.
Disclaimer:
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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