The U.S. Dollar Index is headed towards critical crossroads as the 105.650 January 06 High is the most important Resistance with relation to the long-term trend. If broken the medium-term bullish trend transitions to the long-term.
The February Channel Up is supported by the 4H MA100 (green trend-line). If broken, we will take a sell targeting the 4H MA200 at 103.700. If we close a 4H candle below it, we will re-sell and target just above the Support Zone at 102.700.
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The February Channel Up is supported by the 4H MA100 (green trend-line). If broken, we will take a sell targeting the 4H MA200 at 103.700. If we close a 4H candle below it, we will re-sell and target just above the Support Zone at 102.700.
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** Please LIKE ๐, FOLLOW โ , SHARE ๐ and COMMENT โ if you enjoy this idea! Also share your ideas and charts in the comments section below! **
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๐ฐFree Channel t.me/tradingshotglobal
๐คตContact info@tradingshot.com t.me/tradingshot
๐ฅNew service: next X100 crypto GEMS!