VasilyTrader

DOLLAR INDEX (DXY) Key Levels to Watch đź’µ

Long
TVC:DXY   U.S. Dollar Index

As I predicted, Dollar Index initiated a correctional movement from a major rising trend line.

Here are the supports on focus from where the next trend-following move may start:

Support 1: 110.3 - 111.25 area
Support 2: 106.6 - 108.2 area
Support 3: 104.6 - 105.1 area

Once the price approaches one of these area, look for a confirmation on lower time frames first.

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