VasilyTrader

Dollar, Show us your STRENGTH!

Long
TVC:DXY   U.S. Dollar Index

dxy reached a key 3 days/daily structure.

on 4H the price set a double bottom pattern with a higher low.

looks like greenback is finally preparing for a pullback.

the last resort for bears is 97.05 resistance.
if bulls manage to close above this level on 4H, the price will most likely keep growing further.

target levels:
97.5
97.8


in case of a new lower low formation, the market will go lower.
next goal will be 95.9

✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel www.youtube.com/c/VasilyTrader

💰Instagram: www.instagram.com/VasilyTrader/ 💰

✅Facebook: www.facebook.com/VasilyTrading/
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.