Fxprotrader
Long

My Analysis In Dollar Index

TVC:DXY   U.S. Dollar Currency Index
Anlyzing Dollar Index             always helps having a better idea for all USD pairs. In the daily chart we may see price has bounced from the bottom trendline of the channel it moved in, meanwhile we have a MACD divergence. In the 4h chart we have the breakout above a falling wedge and now price looks like is at the beginning of a correction. When this corrective structure will end we should have a new up move probably till the upper bond of the channel.

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