DOLLAR INDEX (DXY) Bullish Setup Explained 💵
Hey traders,
Dollar index reached an important zone of confluence based on a horizontal demand zone and 618 retracement of the last bullish impulse.
The price formed a tiny inverted head and shoulders pattern on that on 1H time frame, confirming the strength of the underlined zone.
I expect a bullish move now to 110.98 / 111.
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