The Dollar Index is currently trading in a strong bullish trend on a daily, moving steadily within a rising parallel channel.
There has been a significant breakout above a key resistance level, following a test of the lower channel boundary.
Given the long-term bullish trend, it is likely that the market will continue to rise. The next targets to watch for are at 108.20 and 109.00.
There has been a significant breakout above a key resistance level, following a test of the lower channel boundary.
Given the long-term bullish trend, it is likely that the market will continue to rise. The next targets to watch for are at 108.20 and 109.00.
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Join our Telegram channel for daily market update 👇👇
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For paid signal👇👇 t.me/linofx1999
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.