Dollar Index found resistance, has to find support
The index found horizontal resistance after a test, re-test price action so it has to find support. Overlay of fib retracements using the big patterns show a congestion zone. If broken below (around 78.8), there are plenty of open spaces to fall quickly.
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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.