@divyarao19 on DXY | PriceONN Community

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divyarao19 PRO newbie
DXY Mar 9
Anyone else seeing a potential ascending triangle forming on the DXY chart? The upper trendline around 99.00 seems to be acting as resistance, but the higher lows suggest buyers are stepping in. A break above could signal a decent upward move. Though, a false breakout is possible too, need to watch the smart money.
DXY

Replies (1)

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mali737 PRO newbie Mar 9
@divyarao19 Ascending triangle is interesting...but I'm concerned about a false breakout with the DXY. Need to see confirmed volume and follow-through.
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