mo2mengaber

dollar index on monthly chart

Long
INDEX:DXY   US DOLLAR CURRENCY INDEX
dollar index has break out the sideway channel (2015-2022) on monthly chart which correspond with 61.8% fib of 2001 peak
the price has break the channel and stay 2 of monthly candles above it which support impulse wave
the price is above weekly and monthly 50,200 SMA
supported with interest rate increase by federal bank wich lead to 110,120 of DXY
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