Multipello

DXY 4H SHORT 11.09.2022

Short
Multipello Updated   
TVC:DXY   U.S. Dollar Index
Breaking this resistance can be done by returning to the 50% Fibonacci point and confirmation candles.
Keep in mind that the Federal Reserve is nearing its highest interest rate and inflation is on the downswing.
It is obvious that if something happens in the world in terms of war, the downward trend of the dollar index and the period of expansion will begin.
Trade closed: target reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.