DXY | Ascending Channel Formation..!!



#DXY (Update)


Ascending Channel Formation in 3-Days timeframe..!!

RSI is Printing Bearish Divergence as well.

Seems like Topped out & Expecting Bearish Movement towards the Lower Trendline of Channel.


#FOMC ( FED) meeting is scheduled Tomorrow so We can see changes in interest rates which will impact the Market. Be cautious with possible upcoming volatility.



📍 Always Wait for Confirmed Breakout & Candle to Close and Only then ENTER..




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DXYParallel ChannelSupport and ResistanceTrend LinesUSDusdindexDJ FXCM Index

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