US Dollar Index DXY D1 - Ascending Channel

With Respect to USD Quotes Opportunities, we can Correlate all USD Pairs with the Index, which means when the Index is on a Downtrend, then surely ___xxUSD Quotes are on an Uptrend. so we have an opportunity to sell DXY as soon as it completes the Double top Chart pattern, rejecting from Resistance level, 0.0 Fib Level on 98.334, Purple Zone.

Сделка активна:

Order Triggered and it’s in Profits, Double Top Chart Pattern formed as expected with rejection on 98.334 pushing back DXY to the downside