DOLLAR INDEX (DXY) Key Zone to Watch 💵
Mis à jour
Bears keep pushing US dollar.
Since April the index lost almost 4% of its value.
Ahead is a current year's low.
89.2 - 89.7 is a historical demand area.
I believe that the index may bounce from that structure.
Your confirmation will be a bullish breakout of a falling wedge pattern.
It will signify the willingness of buyers to buy.
In case of a bearish breakout of the yellow cluster,
the further decline will be expected though.
Note
Watch my new video on EURUSD: 
✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.