Dollar Index (DXY): Important Resistance Ahead! đź’µ
https://www.tradingview.com/x/Ql7eK852/
Dollar Index is currently testing a significant resistance cluster 104.85 - 105.50.
The reaction of the price to that area will determine a further direction of the Index.
Bullish breakout of that and a weekly candle close above will confirm a long-term bullish reversal, with a highly probable consiquent bullish rally.
Alternatively, watch a rising parallel channel on a daily.
Its support breakout will initiate a correctional movement.
I will post the update once I spot a solid confirmation.
For now, stay patient and wait for the reaction.
❤️Please, support my work with like, thank you!❤️
Dollar Index is currently testing a significant resistance cluster 104.85 - 105.50.
The reaction of the price to that area will determine a further direction of the Index.
Bullish breakout of that and a weekly candle close above will confirm a long-term bullish reversal, with a highly probable consiquent bullish rally.
Alternatively, watch a rising parallel channel on a daily.
Its support breakout will initiate a correctional movement.
I will post the update once I spot a solid confirmation.
For now, stay patient and wait for the reaction.
❤️Please, support my work with like, thank you!❤️
âś…Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
đź’°Instagram: instagram.com/VasilyTrader/ đź’°
âś…Facebook: facebook.com/VasilyTrading/ âś…
❗️YouTube Channel youtube.com/c/VasilyTrader
đź’°Instagram: instagram.com/VasilyTrader/ đź’°
âś…Facebook: facebook.com/VasilyTrading/ âś…
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.