US Dollar Index Buy Idea From Key Support Zone
Updated
H4 - After the strong bullish move currently it looks like a correction is happening.
Price has reached a key support zone and is currently bouncing higher.
Bullish divergence.
If we get a valid breakout above the most recent downtrend line we may then consider it as a validation for the bullish view.
Price has reached a key support zone and is currently bouncing higher.
Bullish divergence.
If we get a valid breakout above the most recent downtrend line we may then consider it as a validation for the bullish view.
Note
The validation for the bullish view which is the most recent downtrend line breakout happened and then the price moved higher as per the plan and delivered an amazing move to the upside!
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