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VasilyTrader
Aug 15, 2019 1:11 PM

Dollar Index Technical Analysis Short

U.S. Dollar Currency IndexTVC

Description



dollar index is currently coiling within a rising parallel channel.
be focused on 98.2 structure resistance level.
there is a very high chance to see a bearish reaction on this level.
if bears break and close below the channel,
we can expect bearish continuation to 97.5 and 97.0 levels

Comment

Market reached supply zone
Comments
CryptoBullet
great work
VasilyTrader
@CryptoBullet,thank you
Make_Money_Guru_Bitcoin
Nice work ....
VasilyTrader
Googoosha
A fall in the index will negatively affect the usdchf and usdjpy pairs, in what proportionality? And where to be?
kardia
@Googoosha, a fall in the dollar index will also mean a likely increase in the value of BTC. It's an excellent indicator for BTC trading.
VasilyTrader
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