U.S. Dollar Index
Short
Updated

Dollar Index - End of February Analysis

51
- Below the opening price of the 3-month bullish order block, a monthly BISI @ 104.636 – 105.420 presents itself

- Failed to see last months high taken out all whilst trading into the 6-month SIBI. Last months lows has been taken although price closed inside the previous. months range

- Studying a draw to February's low @ 106.126 as the 1st point of interest

- Monthly candle body closure above the midpoint of Februarys high and open will negate this idea.
Trade active
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Trade closed: target reached
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Monthly target for dollar index has been met.
Quicker than I anticipated but what we have seen is a strong rally in GBPUSD and EURUSD
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