ForexLeague

DXY (USD Index) 4hour Analysis September 27th, 2020

Long
TVC:DXY   U.S. Dollar Index
DXY Neutral Idea

Trend: Bullish

Trade scenario 1: We see bullish momentum continue and price action reaches our monthly resistance level at 95.00 and potentially higher

Trade scenario 2: We see price action reverse with a confirmed transition. Look for a lower high below major support around 94.00 to confirm the lower high. Target lower toward major support.

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