The Dollar Index is currently in a strong long-term downtrend! It is testing the resistance of the downtrend line, and if it fails to break it, we can expect a downtrend movement towards 102.
And if this downtrend line is broken, it's time to make up for past declines! This means a very strong uptrend movement.
You can read the fundamental analysis of the idea below. 🙂
And if this downtrend line is broken, it's time to make up for past declines! This means a very strong uptrend movement.
You can read the fundamental analysis of the idea below. 🙂
Note
Breaking downtrend?!!Time to fly?
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Related publications
Disclaimer
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.