VasilyTrader

Dollar Index (DXY): Bearish Outlook ExplainedđŸ’Č

Kort
TVC:DXY   Valutaindex för U.S. dollar

Dollar Index is trading in a minor bearish trend on a daily.
The market is steadily falling within a falling parallel channel.

The market is currently approaching a very important confluence point based on a resistance of the channel
and a broken horizontal resistance.

I believe that chances will be high to see a bearish move from the underlined zone to 101.0 level.

Alternatively, remember that a bullish breakout of the resistance of the channel will initiate a correctional movement on the index.

❀Please, support my work with like, thank you!❀

✅Join My Telegram Channel: t.me/VasilyTrading

❗YouTube Channel www.youtube.com/c/VasilyTrader

💰Instagram: www.instagram.com/VasilyTrader/ 💰

✅Facebook: www.facebook.com/VasilyTrading/ ✅
FrÄnsÀgelse av ansvar

Informationen och publikationerna Àr inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av rÄd eller rekommendationer som tillhandahÄlls eller stöds av TradingView. LÀs mer i AnvÀndarvillkoren.