Dollar Index (DXY): Top-Down Analysis & Trading Plan 💵 for TVC:DXY by VasilyTrader — TradingView

Support and Resistance Multiple Time Frame Analysis Head and Shoulders DXY dollar DJ FXCM Index dollarindex indexes priceaction trading tradingsignals forexsignals

supportandresistance mtfa headandshoulders dxy dollar usdollar dollarindex indexes priceaction trading tradingsignals forexsignals

snapshot

Dollar Index is currently approaching a solid horizontal resistance.
The market formed a head and shoulders pattern formation on that on a 4H time frame.

Monitor the reaction of the price to its neckline.
If a 4H candle closes below 105.43, a bearish movement will be expected.

Targets will be 105.16 / 104.97

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