VasilyTrader

DOLLAR INDEX (DXY) Time For Correction?! 💵

Long
TVC:DXY   U.S. Dollar Index

Dollar Index looks oversold to me:
the market was contracting within the boundaries of a falling wedge pattern - a classic reversal pattern.
Its resistance was broken today.

I expect a correctional movement to 102.86 resistance now.

❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️

✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel www.youtube.com/c/VasilyTrader

💰Instagram: www.instagram.com/VasilyTrader/ 💰

✅Facebook: www.facebook.com/VasilyTrading/
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.