The US Dollar Index has formed a "W" pattern on the macro as well as the micro and is retesting descending resistance converging at the neckline of both "W" patterns. Breaking the neckline and the resistance in the coming days and weeks points to a potentially very bullish rally in the near future
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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.