AnalyseIndicesThe US dollar is in front of a distinct triple zone -DXY

The US dollar is in front of a distinct triple zone -DXY

https://ar.tradingview.com/chart/DXY/U2TCALNX/

The dollar index is like an engine for the markets and any movement in it is affected by the rest of the other markets, from indices to currency pairs and stocks, as well as digital currencies.

Currently, the US dollar is heading upwards for a correction, and we await it at the designated triple area around 102.30, which is a very important area for a bearish rebound that must be taken into account.

This point is the gathering of the trend line of the channel from the daily timeframe, the trend line of the channel from the four-hour time frame, and the display area in red from the daily time frame. Together, these areas form an important selling center for the dollar, and we expect it to complete the general bearish trend.

I hope the dear brothers like and follow.

Your brother Ahmed

Ahmad Awada
Ahmad Awada
المحلل أحمد عواضه theSignalyst-Arabic تحليل فني موضوعي بعيدا عن الغموض بالإستناد الى إستراتجيات البرايس أكشن والأسلوب الواضح البسيط
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