VasilyTrader

Dollar Index (DXY): Trading Plan For Next Week Explained 💲

Long
TVC:DXY   U.S. Dollar Index

Dollar Index is coiling around a solid rising trend line.
We can see a nice consolidation on a 4H time frame.

To buy the market with a confirmation,
look for a bulilsh breakout of 104.3 resistance.
4H candle close above that will confirm a violation.
A bullish continuation will be anticipated then at least to 104.65

Alternatively, a bearish breakout of a trend line may trigger a bearish continuation.

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