DXY Completes Bullish Harmonic Pattern Near 100.50
DXY Completes Bullish Harmonic Pattern Near 100.50
The DXY has completed a bullish harmonic pattern near the 100.50 level.
The psychological price zone around 100 appears to be robust, especially considering the current upward price reaction in DXY.
On the daily chart, this marks the second harmonic pattern identified from our previous analysis, and is rising perfectly.
While the fundamental situation remains somewhat unclear at the moment.
The upcoming US CPI data and FOMC rate decision this month could provide more clarity.
DXY may continue to rise further in a more defined manner, although the situation remains complex.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
The DXY has completed a bullish harmonic pattern near the 100.50 level.
The psychological price zone around 100 appears to be robust, especially considering the current upward price reaction in DXY.
On the daily chart, this marks the second harmonic pattern identified from our previous analysis, and is rising perfectly.
While the fundamental situation remains somewhat unclear at the moment.
The upcoming US CPI data and FOMC rate decision this month could provide more clarity.
DXY may continue to rise further in a more defined manner, although the situation remains complex.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
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