U.S. Dollar Index
Long
Updated

Possible Reversal in DXY HTF Charts

70
Hey traders! DXY seems to be eyeing a key support level, and it could be a bullish sign. The higher time frame (HTF) support is a solid foundation for potential upward moves. Keep an eye on how things unfold, as this could be a hint for more positive action.

The HTF support could serve as a catalyst for a bullish scenario, but traders should exercise caution and employ effective risk management.

đź’ˇ Why Follow?

Gain insights into my Fibonacci approach.
Track the progress of the 100k funded account challenge.
Participate in discussions to enhance your trading knowledge.
Trade active
Trade closed: target reached

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.