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HomeTrading SignalUS$index - DXYTechnical Analysis: US dollar index Today (DXY) EP.13 10th June, 2024

Technical Analysis: US dollar index Today (DXY) EP.13 10th June, 2024

Following the analysis from last week, the US dollar has moved sideways and tested the bottom zone l1 again before ended wave c at t1. The characteristic of the wave b to c is an impulse wave,  so we will wait for the price to retest the support convergence zone below and continue to follow the trend.

The price is likely to recover to the zone of 104.46 – 104.8 to fill the GAP before continuing to rise. This will directly impact the trend of gold and oil prices.

Orders against the trend are prohibited. Trust me, by simply following the main trend, you will significantly increase your chances of winning safely.

Wishing all investors smart and effective investment strategies! Stay tuned for the next US dollar update.

By. Pham Thanh Bien

Pham Thanh Bien
Pham Thanh Bienhttps://ebila.com
Mr. Pham Thanh Bien - Chairman of Vinmoc's Board of Directors, a self-made millionaire, with practical investment experience in the financial market since 2005. He is the person who shares and inspires thousands of investors in Vietnam.
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