Fxprotrader
Long

DXY: Key Level To Watch For Longs

TVC:DXY   US DOLLAR CURRENCY INDEX
Looking at the daily chart of Dollar Index             we may see that price has tested several times the lower parallel of a median line (upslope) and it's now very close to retest it. At that level we should watch for a buy setup to complete in order to go long. Even you don't trade the index, it's always nice to analyze it as it has great effect on the usd pairs.

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