dhng88

20230109: USDOLLAR Long Term Trend

dhng88 Updated   
FX:USDOLLAR   Dow Jones FXCM Dollar Index
USDOLLAR

Monthly Chart:

Weekly Chart:

Daily Chart:

USDOLLAR price action has been dropping since Q4 2022.
It has reached the first support zone on monthly chart.
I am waiting for the price to consolidate further and determine the direction.



Comment:
In order to consolidate, the weekly chart will need to show some signs of weakening price action at a range.
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