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DeGRAM | DXY movement is in a range

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DXY is in a range, in an ascending channel between the trend lines.

The price is moving from the lower boundary of the channel and is now testing the support level.

The chart maintains an ascending structure and is now holding in the accumulation zone after the correction. At the moment the indicators have formed a bullish convergence on the 1H timeframe.

We expect the price to rise if the index consolidates above the current range.

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Dagangan ditutup: sasaran tercapai
The DXY has successfully reached and already consolidated above the resistance level and has now broken the upper boundary of the channel.

Will the index be able to continue its growth? 🤔 Let's consider it today in our profile.

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