The Dollar Index appears poised for a retreat after testing a key support area on a 4-hour chart.
A robust bullish engulfing candle indicates strong buying activity in that region.
As a confirmation, I see a cup and handle pattern on that and a breakout of its neckline.
I anticipate a bullish upswing to at least 102.79.
A robust bullish engulfing candle indicates strong buying activity in that region.
As a confirmation, I see a cup and handle pattern on that and a breakout of its neckline.
I anticipate a bullish upswing to at least 102.79.
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Join our Telegram channel for daily market update 👇👇
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For paid signal👇👇 t.me/linofx1999
t.me/TheAceTrading
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.