Hey traders,
DXY nicely bounced from strong horizontal structure support last week.
Taking into consideration that the index remains bullish from the beginning of this year,
we remain bullish biased.
On a 4H, the price is stuck within an ascending triangle formation.
Breakout of its horizontal resistance will lead to a further bullish continuation.
In case of a bearish breakout of 91.7, the setup will be invalid.
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Related publications
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.