U.S. Dollar Index
Short
Updated

DeGRAM | DXY reached the retracement level

1 120
DXY is moving in a descending channel between trend lines.

The descending structure is preserved.

The price has reached the resistance level coinciding with the 38.2% retracement level.

The chart has reached the dynamic resistance and the upper boundary of the channel.

We expect a pullback after consolidation under the resistance level.
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Trade closed: target reached
Closed +137 Pips

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