VasilyTrader

DOLLAR INDEX (DXY) Fall Continues!!! Where is the Next STOP?! 💵

Short
TVC:DXY   U.S. Dollar Currency Index

Dollar index is very bearish for the last two weeks.
After a sharp bearish move from 93.2 level,
the price was consolidating for some time respecting 91.8 level.

The market formed a symmetrical triangle formation on 1H.
This morning its support was broken.
It may lead to a further decline.

Goals:
91.8
91.6

❤️Please, support this idea with a like and comment!❤️

Comment: Check my new analysis on CADJPY:

Comments

Nice Explain Everything in details 👏😍
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VasilyTrader Helical_Trades
@Helical_Trades, thank you bro)))
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I don't disagree but price action is taking a slightly different course. That said, It's interesting to see currency pairs, especially the carry trade move higher (Which I think validates your bearish view)
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@edzim, thank you for comment buddy!
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upvoted to support you
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VasilyTrader ProjectSyndicate
@ProjectSyndicate, thank you for support brother :)
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you are the best)
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@Lingrid, thank you my friend)))
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VasilyTrader Sobhan_23
@Sobhan_23, thank you so much :)
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