DOLLAR INDEX (DXY) Waiting For Breakout 💵

14 Şub 2023

Dollar Index is consolidating.
The market is currently coiling within a horizontal trading range.

103.73 - 103.97 is its resistance.
I believe that the next bullish move may initiate after its breakout.

Wait for a candle close above that first, then buy aggressively or on a retest.
Next resistance will be 105.1

Remember, that a bearish breakout of the support of the range may push the index lower.

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