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U.S. Dollar Index

DXY D1

By Profound_Ambition
Updated
Price is moving within an expanding channel patttern on the higher timeframe, & is approaching the lower boundry trendline which aligns with a key area of support structure. The zone below is where I will be watching for either price to continue back to the upside, or if a breakout of the pattern occurs to the downside, we can look for a trend reversal & for price to continue lower.
Note
snapshot Dollar strength anticipated today as price reacted from the bottom of the channel & long term trendline, with rejection candlesticks such as a Doji or indecision candle in this region
dollarindexDXYEURUSDSupply and DemandSupport and ResistanceTrend AnalysisUSD
Profound_Ambition

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