Analyzing the Dollar Index, breaking the uptrend trend line? 📉
The Dollar Index is at a very important support level, which it has been moving around for a few days, and it had an uptrend trend line that can be said to be broken!
It seems that if the Dollar Index cannot hold this support, we might expect a downtrend towards the next support level at 102.77.
However, if it can hold itself above this support with today's news, we can expect a good upward movement towards the resistance level at 104.98. 📈
It seems that if the Dollar Index cannot hold this support, we might expect a downtrend towards the next support level at 102.77.
However, if it can hold itself above this support with today's news, we can expect a good upward movement towards the resistance level at 104.98. 📈
Comment:
The dollar index needs to come down to the next support level after breaking the uptrend line.
Comment:
The dollar index is precisely as advanced in the analysis ⚡️.
Trade closed: target reached
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