Chart is simple. The latest bearish trendline and 23300$ resistance is broken with a good volume. DXY is at an important resistance. Good Risk to Reward for entering long considering 22700$ as the stop-loss and 25000$ as the target (or even higher!...).
Trade active
The 23300 resistance is now retested as support. Still a good place to enter for long.
Trade active
Supported again at 23200. Still good to go.
Note
After a lot of struggles, now 23600 resistance is now retested as support. If it can hold the support It is a very good sign for going higher.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.