Update On Dollar IndextBased on the market structure, I see a bullish strong shift as a positive rsi divergence is presented in past few hours. The main target is identified due to an advanced bullish legs structure
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Doolar
DXY-The future of the dollar!It seems that the dollar index is in a long-term ascending channel, which is believed to have taken a steeper slope due to the recent wars to reach its long-term target ($125).
- The important resistance ahead is $110 and $115 and the main target is $125 .
ANALYSIS ON USDJPYHello, my fellow traders hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into it.
As we can see, the price is at its RESISTANCE. One can wait for taking an entry.
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DXY shortThe dollar is at a point of completed correction. Considering the price action, it should go down. Diverged on 4hr time frame.
