Dollar Index (DXY): Trading Plan Ahead of Payrolls ๐ต
https://www.tradingview.com/x/4XnYAd1e/
Dollar Index is testing a support of a horizontal range on a daily now.
Ahead of the non-farm payrolls report, watch carefully the intraday price action.
The price is currently consolidating within a narrow range on an hourly time frame.
Its resistance breakout can give us a strong bullish confirmation.
Hourly candle close above 103.1 will confirm a violation,
a bullish continuation will be expected at least to 103.25
Remember that a bearish violation of a support of the range on a daily will invalidate the setup.
โค๏ธPlease, support my work with like, thank you!โค๏ธ
Dollar Index is testing a support of a horizontal range on a daily now.
Ahead of the non-farm payrolls report, watch carefully the intraday price action.
The price is currently consolidating within a narrow range on an hourly time frame.
Its resistance breakout can give us a strong bullish confirmation.
Hourly candle close above 103.1 will confirm a violation,
a bullish continuation will be expected at least to 103.25
Remember that a bearish violation of a support of the range on a daily will invalidate the setup.
โค๏ธPlease, support my work with like, thank you!โค๏ธ
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