Today I want to talk about the U.S. Dollar Index. As mentioned in a previous post a couple of weeks ago, DXY is currently at a very strong resistance in a 15 year trend visible on the monthly chart here.
1D U.S. Dollar Index (DXY)
4H U.S. Dollar Index (DXY)
Here below I left it all in the charts for you, the key resistance levels and the support levels that are important to confirm a downtrend.
1D U.S. Dollar Index (DXY)
4H U.S. Dollar Index (DXY)
I would like to add that this is only for educational purpose and in no way a guarantee that it will play out this way, nor is this or are any of my posts financial advise.
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