akyong

US Dollar Index: Currently in a consolidation phase

INDEX:DXY   U.S. Dollar Index
The US Dollar Index             seems to be in a consolidation phase. We do have a completed bearish Gartley pattern in confluence with the immediate downtrend line.

As long as price respect this line, we can expect price to trade lower towards the 95.50 level.
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kenxing1984
a year ago
above 97 already.....very bull
Reply
akyong kenxing1984
a year ago
Yup. Yesterday fomc statement was hawkish.
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