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VasilyTrader
May 19, 2023 3:53 AM

Dollar Index (DXY): Important Decision Ahead 💲 Long

U.S. Dollar Currency IndexTVC

Description



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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Comments
AnabelSignals
Awesome trade, my friend!
VasilyTrader
Wait for a breakout
that is your trigger to buy!
ProSignalsFx
Great Post bro!
SignalProvider
Thanks for sharing!
EliteTradingSignals
Good idea my friend!
JoeChampion
I agree on USD strength, keep it up!
FirstNameHelen
Beautiful idea friend. Thank you!
UnitedSignals
Fantastic post.
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