As I expected, the Dollar Index decreased last week.
Analyzing the price movements throughout the day, we can see further evidence of a strong downward trend.
After consolidating within a horizontal range on a 4-hour chart, the price broke below its support level and closed below it.
Sellers are showing their dominance once again, with a retest of the broken support level indicating a potential move lower to at least 103.10.
Analyzing the price movements throughout the day, we can see further evidence of a strong downward trend.
After consolidating within a horizontal range on a 4-hour chart, the price broke below its support level and closed below it.
Sellers are showing their dominance once again, with a retest of the broken support level indicating a potential move lower to at least 103.10.
Join our Telegram channel for daily market update 👇👇
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
Related publications
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.
Join our Telegram channel for daily market update 👇👇
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
Related publications
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.