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Dollar Index (DXY): Important Decision Ahead 💲

Long
U.S. Dollar Index (TVC:DXY)  
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TVC:DXY   U.S. Dollar Index
Elliott Wave Candlestick Analysis Supply and Demand indexes DXY dollar DJ FXCM Index dollarindex trading USD Contains image
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elliottwaves candlestick supplyanddemand indexes dxy dollar usdollar dollarindex trading usd containsimage
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FOMC coming today.
Dollar index is approaching a solid horizontal daily resistance.
Depending on the words of the Powell, the market will either violate that structure or retrace from that.

A bullish breakout of 103.6 and a daily candle close above that will confirm the dominance of bulls.
It will push the index much higher.
The next strong resistance will be 104.74

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