US DOLLAR INDEX (DXY): Intraday Bearish Signal Confirmed
The Dollar Index is expected to extend its downward trend after a strong bearish rally.
This outlook is reinforced by the breakout below the support line of a bearish flag pattern, following a retest of a key resistance level.
The price is projected to approach the 106.63 level soon.
This outlook is reinforced by the breakout below the support line of a bearish flag pattern, following a retest of a key resistance level.
The price is projected to approach the 106.63 level soon.
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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.