DeGRAM | DXY has reached a resistance level
DXY is above the descending channel and trend lines.
The chart formed a harmonic pattern, and after it left the channel, broke the upper trend line and formed a rising top, which broke the descending structure.
Now the price is above the 50% retracement level of the bearish momentum.
We expect growth after consolidation above the nearest resistance level.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
The chart formed a harmonic pattern, and after it left the channel, broke the upper trend line and formed a rising top, which broke the descending structure.
Now the price is above the 50% retracement level of the bearish momentum.
We expect growth after consolidation above the nearest resistance level.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
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