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U.S. Dollar Index
Long
Updated

DXY 4H

177
After price broke its descending trendline to the upside, price now at an area of fibonacci support. A potential retest to the broken trendline is possible before a continuation to the upside. As long as price remains above the broken trendline my bias is bullish for the US dollar continuing up for the daily double bottom to weekly support price has presented.
Note
snapshot Will DXY break consolidation to the upside?! We'll have to wait & see..
Note
downside break target would be 89.60
Note
snapshot breakout
Profound_Ambition
breakdollarindexDouble BottomDXYSupply and DemandSupply ZoneSupport and ResistanceTrend AnalysisuptrendDJ FXCM Index

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breakdollarindexDouble BottomDXYSupply and DemandSupply ZoneSupport and ResistanceTrend AnalysisuptrendDJ FXCM Index
Profound_Ambition

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.