Dollar Index: Attention. It may break below the bullish Channel.
This is a 4 year illustration of DXY's trading behavior. The chart is quite descriptive itself and since the scale is very long term it is not intended to be a trading suggestion.
It is more to give an alternative idea to the Dollar's volatile patterns lately. There is a certain sequence which shows that the index may break the 1W Channel Up downwards. The Lower High made three weeks ago is a first sign of bearish reversal. We are just calling for attention.
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It is more to give an alternative idea to the Dollar's volatile patterns lately. There is a certain sequence which shows that the index may break the 1W Channel Up downwards. The Lower High made three weeks ago is a first sign of bearish reversal. We are just calling for attention.
** If you like our free content follow our profile (www.tradingview.com/u/InvestingScope) to get more daily ideas. **
Comments and likes are greatly appreciated.
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www.investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial