{"id":13354,"date":"2023-03-09T09:08:27","date_gmt":"2023-03-09T09:08:27","guid":{"rendered":"https:\/\/tradingshot.com\/?p=13354"},"modified":"2023-05-19T09:10:04","modified_gmt":"2023-05-19T09:10:04","slug":"dxy-excellent-sell-level-rejection-confirmed","status":"publish","type":"post","link":"https:\/\/tradingshot.com\/index.php\/2023\/03\/09\/dxy-excellent-sell-level-rejection-confirmed\/","title":{"rendered":"DXY Excellent sell level, rejection confirmed."},"content":{"rendered":"<p>The U.S. Dollar Index got rejected on its January 06 High Resistance and even though it is on a short-term Channel Up, the Resistance rejection as well as mostly the September 29 Lower Highs trend-line, will soon start to weigh sell pressure on the price action.<\/p>\n<p>With the 1D RSI printing a Head and Shoulders formation similar to September &#8211; October 2022, we remain short, targeting 103.700 (1D MA50) on the short-term and if a candle closes below the 1D MA50 (blue trend-line), extend selling towards the Support Zone (Target 2 = 102.700).<\/p>\n<p>Tradingview link:<\/p>\n<p><a href=\"https:\/\/www.tradingview.com\/chart\/DXY\/Qjtzz1X1-DXY-Excellent-sell-level-rejection-confirmed\" target=\"_blank\" rel=\"noopener\">https:\/\/www.tradingview.com\/chart\/DXY\/Qjtzz1X1-DXY-Excellent-sell-level-rejection-confirmed<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. Dollar Index got rejected on its January 06 High Resistance and even though it is on a short-term Channel Up, the Resistance rejection as well as mostly the September 29 Lower Highs trend-line, will soon start to weigh sell pressure on the price action. With the 1D RSI printing a Head and Shoulders<\/p>\n","protected":false},"author":611,"featured_media":13355,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1637],"tags":[],"class_list":["post-13354","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-forex"],"_links":{"self":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/13354","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/users\/611"}],"replies":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/comments?post=13354"}],"version-history":[{"count":2,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/13354\/revisions"}],"predecessor-version":[{"id":13357,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/13354\/revisions\/13357"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media\/13355"}],"wp:attachment":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media?parent=13354"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/categories?post=13354"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/tags?post=13354"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}