InvestingScope

Dollar Index: Sell opportunity on 4H.

Short
TVC:DXY   U.S. Dollar Index
DXY is on a 4H Channel Down trading at the moment on its Lower High zone (RSI = 52.008, Highs/Lows = 0.0000). The long term 1W Channel Up provides support on its Higher Low zone (red rotated Rectangle) so we expect the selling to continue but on a limited extent. Our TP is 97.00.





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