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U.S. Dollar Index
Long

Dollar Index (DXY): Potential Scenarios Explained 💵

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https://tradingview.sweetlogin.com/x/7yL4y5BW/

That was quite a boring week for Dollar Index.
The market was stuck within a narrow horizontal range on a daily.

Next week, wait for a breakout of the range.
Bullish breakout of its resistance will be a strong trend following signal,
while a bearish violation of its support will initiate a correctional
movement on the market.

Next key resistance - 106.85
Next key support - 105.20

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dollarDXYindexesParallel ChannelRectangleSupport and ResistanceTechnical AnalysisUSDDJ FXCM Index

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dollarDXYindexesParallel ChannelRectangleSupport and ResistanceTechnical AnalysisUSDDJ FXCM Index
VasilyTrader
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Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.