This chart shows a descending trendline on the DXY with price consolidating beneath it. The highlighted green area represents a strong supply zone where previous reactions occurred. If price breaks above the trendline, it may attempt a bullish move toward this zone. The blue projection illustrates a possible scenario based on market structure—not a guarantee or financial advice.
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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.